$ETH dropped sharply following the surge of whale activities, here's why large investors are selling
, the second-largest cryptocurrency by market capitalization, experienced a sharp price drop recently, moving from $1,940 to $1,847.
While various factors play into the volatility of cryptocurrency prices, the substantial sell-off by a particular"whale" is believed to have significantly contributed to Ethereum'sA"whale" in the crypto universe refers to an individual or entity that holds a large amount of a particular cryptocurrency. When such a player makes substantial trades, it often triggers notable price movements.
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