Whales Split on Ethereum: Profit-Takers Sell as Bitmine Bets Big With $113 Million Buy

An original Ethereum ICO participant has transferred $6 million in ETH to Kraken after eight years, realizing a 12,971x return. Meanwhile, Fundstrat-linked Bitmine added $113 million to its Ethereum holdings, pushing its total to over $13 billion. These developments highlight a sharp divide among major Ethereum holders. While some whales are shorting, others are buying market bottoms with impressive accuracy, underlining contrasting market sentiment source: https://beincrypto.com/ethereum-institutional-whale-split/