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Who’s Cashing Out? Whale Dumps 129K ETH to Coinbase—Market Braces for Impact
Who’s Cashing Out? Whale Dumps 129K ETH to Coinbase—Market Braces for Impact
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A crypto whale just made waves—129,000 ETH ($400M+) hit Coinbase in a single transfer. Was it profit-taking, panic, or just another Tuesday for Ethereum’s elite?
Timing is everything. The move comes as ETH flirts with key resistance levels—traders are now watching for sell pressure or a surprise bullish pivot.
Behind the scenes: OTC desk or exchange cold wallet? Either way, someone’s liquidity just got a lot more… liquid. Cue the ‘diamond hands vs. paper hands’ Twitter debates.
Bonus cynicism: If this were traditional finance, someone would’ve scheduled a PowerPoint presentation about ‘strategic portfolio rebalancing.’ Crypto just sends it and lets the memes explain the rest.
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