According to on-chain analyst Ember Monitoring, the whale 0x3c9, which sold PEPE for $6.86 million a few days ago, has started to sell ETH again: In the last 3 days, 6,200 ETH (15.45 million dollars) have been transferred into Binance, with an average price of 2,492 dollars. The whale currently has about 36,700 ETH (92.22 million dollars) in multiple DeFi protocols.
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