- Whale Alert shared that multiple whales have transferred ETH tokens to exchanges over the past day.
- ETH’s price dropped by 0.45% in 24 hours, which left it trading hands at $1,642.19 at press time.
- Technicals suggest ETH’s price is in danger of dropping even further in the coming week.
Ethereum (ETH) investors should look out for a possible price dump as multiple whales have transferred ETH tokens to exchanges over the past day. According to a Twitter post shared by the whale tracking dashboard, Whale Alert, a whale transferred 21,299 ETH tokens, worth about $35,295,226, from an unknown wallet to Coinbase (NASDAQ:COIN) yesterday.