Whales Move $374M in ETH: Ethereum Price Surges Amid Mega-Transactions
Ethereum just got a seismic liquidity injection—and the market's reacting fast. Whale wallets moved $374 million worth of ETH in under 24 hours, triggering a price surge that's got traders scrambling.
Behind the pumps and dumps
Blockchain sleuths spotted the transactions hitting major exchanges during peak volatility windows. No coincidence—this is textbook whale behavior: accumulate quietly, move decisively, let retail FOMO do the rest.
Why it matters
When nine-figure ETH changes hands this fast, it's either institutional accumulation or a very elaborate exit strategy. Given Ethereum's recent protocol upgrades, smart money's betting on the former (but hedge funds will still find a way to overcomplicate it).
The bottom line? Crypto markets still dance when whales snap their fingers—the only difference now is they're doing it with regulatory compliance teams on speed dial.