Major Ethereum whale sells 14,240 ETH at a $12.8 million loss as Bitcoin hits all-time high.

From Investing.com

November 6, 2024 11:30 AM:

A major Ethereum whale sold 14,240 ETH worth $37 million at a loss of $12.8 million, contrasting with Bitcoin’s recent all-time high. Meanwhile, Bitcoin whales are accumulating, with 11 new wallets withdrawing 1,807 BTC worth $132 million from Binance. Another whale is long on BTC after borrowing $27 million from Aave.

Bitcoin surged to an all-time high of $75,410, while Ethereum jumped to $2,643 but remains 46.23% below its all-time high. 64% of Ethereum addresses are in profit, and on-chain support levels may prevent further downside pressure.

Read more at Investing.com: Massive ETH Whale Makes Shocking U-Turn, Dumps 14,240 ETH as BTC Skyrockets By U.Today