Watching the whale steps, Whale Alert spotted several huge transfers of Ethereum, while ETH hit an all-time high for the first time to over $ 1,700.
Whales slid 330,000 ETH after Ethereum hits new $ 1,756 ATH
The total amount is just under 300,000 Ethereum, ie $ 560,813,714 in USD.
According to Whale Alert, almost a dozen transactions, both huge and small, have been processed in the past twenty hours, carrying a total of 330,000 ETH.
This happened just as ETH hit its all-time high of $ 1,756 about fifteen hours ago.
Ethereum hits all-time high, Bitcoin climbs above $ 39,000
On Friday, February 05, the second largest cryptocurrency broke above the $ 1700 level for the first time and reached its all-time high of $ 1,756.
One of the factors that could have caused this increase was the initiation of ETH-based futures on the exchange CME, which provides services to financial institutions.
Bitcoin is also on the rise. Earlier today, the world’s largest cryptocurrency, dubbed by many as “digital gold,” rose from $ 37,837 to over $ 38,000 and then hit $ 39,548.