Significant Ethereum transactions by crypto whales have spotlighted strategic portfolio adjustments during recent market fluctuations. Two major holders liquidated 79,470 ETH worth approximately $250 million at an average price of $3,145 per token. Following these sales, these wallets collectively retain 105,664 ETH valued at $354 million.
In a parallel move, another prominent whale engaged in substantial ETH repositioning. Despite acquiring 132,536 ETH for $333.79 million during mid-June, this entity offloaded 98,610 ETH over the past week for $278 million, averaging $2,819 per token. The entity currently holds 35,022 ETH worth $117.5 million.
These coordinated transactions reflect broader rebalancing activities among high-value Ethereum holders, culminating in total sales of 178,080 ETH ($528 million). Activities highlight responsive strategies to ongoing volatility while maintaining considerable ETH exposure in core portfolios.