Whale Reduces Ethereum Holdings Amid Market Decline

A major Ethereum holder has reduced their holdings as the market experiences another downturn. According to PANews, the whale, who had previously acquired $14.54 million worth of ETH on February 26, sold 4,000 ETH at an average price of $2,077.39 per unit, totaling $8.309 million. This sale resulted in a profit of $7,760, as the acquisition price a week earlier was $2,075.45 per unit. The whale still retains 3,008 ETH on the blockchain.