Week After Eric Trump Said ‘Great Time To Add ETH,’ Whales Stock Up Over $300 Million In Ethereum — What’s Cooking

Whales collected hundreds of millions of dollars in Ethereum (CRYPTO: ETH), capitalizing on the world’s second-largest cryptocurrency’s subdued rates.

What Happened: Two substantial Ethereum withdrawals from cryptocurrency exchanges were reported by on-chain tracking platform Lookonchain in a Monday X post.

The first withdrawal involved 56,909 ETH, worth 151.6 million, from Binance, while the second whale accumulated a combined 64,603 ETH, valued at $171.8 million, from Binance and Bitfinex. Both transactions occurred within a 48-hour window.

Full story available on Benzinga.com