🐳$ETH Whales Sell $1.5 Million on Kraken, Reaping $30 Million Profit as Network Fees Drop 62%

ETH experienced significant volatility as whales cashed in $30 million amid a 62% drop in network fee.

🔹 One whale transferred 491 ETH ($1.5 million) to Kraken to take profits, a stark contrast to a KOL who just cut their losses on 75 ETH.

🔸 Network fee plummeted 62%  is this a Layer 2 effect or a sign of weakening demand?

Do you think the 62% fee drop is good new for the technology or bad new for demand?

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