Ethereum Whales May Be Engaging in a Second Round of Profit-Taking, Suggesting Cautious Market Outlook
Ethereum whales have initiated a second wave of profit-taking, signaling a cautious stance among large holders amid recent price fluctuations. Data from CryptoQuant reveals that accounts holding over 100,000 ETH are actively reducing their positions, which may temper expectations for immediate price rallies. According to COINOTAG, “ETH whales have now completed 2 profit-taking events,” underscoring … Read more