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800,000 ETH Shifted Between Anon Wallets, While Ethereum Sits Below $1,900

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Sat, 17/07/2021 - 8:35
800,000 ETH Shifted Between Anon Wallets, While Ethereum Sits Below $1,900
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Whale Alert has reported that over the past sixteen hours, two major Ethereum transactions have been conducted by anonymous users.

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Each of the two transfers carried 400,000 ETH, which is an equivalent of approximately $769 million. Thus, a total of over $1.4 billion worth of Ether has been moved by unregistered wallet owners.

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Image via Twitter

Earlier, Santiment analytics firm shared that whales were actively were acquiring Ethereum on the dip and had already been holding 20.58% of the entire ETH offering (held 10 largest ETH wallets).

Miners have also started accumulating Ethereum over the past month, now holding approximately 122,000 after selling their ETH earlier this year – in March, miners held over 163,300 ETH.

At the time of writing, the second biggest cryptocurrency is sitting below $1,900, changing hands at the $1,873 level.

Related
10 Biggest Ethereum Whales Buy Even More ETH, Now Holding 20.58%: Santiment Data

Meanwhile, the long-expected London hardfork on Ethereum is getting ready to activate. This major upgrade will occur on August 4 between 13:00 UTC and 17:00 UTC with block 12,965,000.

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