A Whale Transfers 5100 Ethereum, Potentially About to Sell

August 12th, according to OnchainLens monitoring, a whale sold $9.59 million worth of Ethereum. The whale transferred 5,100 ETH (approximately $9.59 million) to FalconX, Galaxy Digital, and Coinbase in the past hour, likely for an over-the-counter transaction.

Of these, 2,440 ETH (approximately $4.59 million) was transferred to FalconX; 1,180 ETH (approximately $2.22 million) was transferred to Galaxy Digital; and 1,480 ETH (approximately $2.78 million) was transferred to Coinbase.