Despite the recent drop in price, Ethereum whales are showing no signs of panic. According to recent data, these large holders have moved a total of 3.49 million ETH.
This movement of such a significant amount of Ethereum by whales indicates that they are still confident in the long-term potential of the cryptocurrency. While the price may be fluctuating, these holders are holding strong and not rushing to sell their assets.
This resilience from Ethereum whales is a positive sign for the overall market sentiment. It shows that there is still faith in the future of Ethereum, despite the current market conditions.
Overall, the movement of 3.49 million ETH by Ethereum whales is a clear indication that they are undeterred by the recent price drop. Their confidence in the cryptocurrency remains unwavering, which bodes well for the future of Ethereum.