Ethereum's price briefly surged to approximately $2,400, sparking divergent strategies among major holders. BillΞ.eth, founder of Intuition, sold 3,285 ETH at a peak of $2,372.24, totaling $7.79 million. Since March 8, he has offloaded 8,771 ETH worth $19.14 million, averaging $2,182 per ETH, nearly liquidating his holdings.
Meanwhile, another significant holder, identified by address 0x455…A433E, swapped 2,831 WETH for 90.46 WBTC, valued at $6.74 million, at a conversion rate of $74,607, indicating a bullish stance on Bitcoin. Conversely, whale nemorino.eth acquired 1,347.37 ETH at an average price of $2,226.54, investing $3 million, signaling a bullish outlook on Ethereum's potential.
ETH Briefly Hits $2,400 Amid Diverging Whale Strategies
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