Another massive $ETH sell-off just shook the market 🥶

Whale wallet 0xB4d3 has reportedly dumped 20,000 $ETH ETH worth nearly $41.18M within the last few hours, with the average selling price sitting around $2,059. This address has already gained attention for making huge $ETH ETH and WBTC moves in the past, and today’s transaction is once again raising concerns across the market.

What’s making traders even more cautious is the fact that the wallet still holds a large amount of on-chain assets, meaning this may not be the end of the selling pressure. If more ETH continues flowing to exchanges, volatility could increase even further.

Right now, the market is closely watching every move from this whale, because one large transaction can quickly shift short-term sentiment across crypto.

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