$ETH may benefit from this despite a recent 5% drop, a Santiment report says. ethereum
As reported by U.Today approximately five days ago, recently co-founder and frontman of the Ethereum platforma transfer of 9,300 ETH worth $11.16 million, to an address that belongs to an anonymous whale.
After receiving the funds, the balance of the whale rose to a total of 170,913 ETH tokens, which equates to $259 million. Some in the crypto community jumped to the conclusion that the chief of Ethereum decided to sell part of his ETH stash. Traditionally, large transactions made by such important figures in the crypto space may cause price fluctuations on the market as they are closely watched by both retail and institutional investors.According to a recent tweet posted by Glassode on-chain data platform, the amount of ETH locked in the Ethereum 2.0 deposit contract has jumped to a new all-time high of 15,445,879 coins.
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