Ethereum Whale Sells 4,723 ETH for $19.55 Million, Indicating Market Resilience and Growing Demand
Main Idea
An anonymous Ethereum whale sold 4,723 ETH for $19.55 million, demonstrating market resilience and strong demand despite the large transaction.
Key Points
1. An anonymous Ethereum whale sold 4,723 ETH for $19.55 million on August 9, 2025, after initially acquiring them at $7.7 each in 2016.
2. The market absorbed the large sale effectively without significant disruption, indicating resilience and strong buyer confidence.
3. Ethereum's price remained robust, trading above $4,170, signaling market strength amid rising demand.
4. The whale's transaction exemplifies long-term holding benefits, as tracked by on-chain analysts.
5. Increased demand from new investors suggests positive sentiment and potential for Ethereum's long-term growth.
Description
An anonymous Ethereum whale sold 4,723 ETH for $19.55 million, demonstrating market resilience and increased demand for the cryptocurrency. Anonymous whale sells 4,723 ETH for $19.55 million. Market absorbs large
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