Ethereum Foundation, Whales, and Hackers: What’s Driving the ETH Sell-Off?
TL;DR Whales, hackers, and the Ethereum Foundation wallets moved over $500M in ETH through large sales and withdrawals. Ethereum transfers rose to 4.6M ETH, nearing the monthly high of 5.2M recorded in July. Staking inflows hit 247,900 ETH, the highest in a month, locking more supply from trading. Large Withdrawals and Whale Activity Ethereum (ETH)…
