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Title: A Record-Breaking Sale: $182 Million in Ethereum Sold by Genesis Whale, Marking a Significant Profit
In a shocking move, the notorious Genesis whale has made off with an unprecedented $182 million in Ethereum, securing a substantial profit. This massive sell-off is likely to have significant repercussions on the market dynamics.
The sudden and drastic price drop is consistent with Ethereum’s difficulty breaking higher, which may now be subject to bearish sentiments due to a lack of volume and momentum. The failure to retest the $4,000 resistance in recent weeks has only exacerbated this sentiment.
Source: u.today
