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Crypto Whales Offload Over $8.5B Worth Of ETH; Analyst Eyes Critical Price Level

As Ethereum (CRYPTO: ETH) experiences price surges, its largest holders, often referred to as ‘crypto whales,’ have been strategically offloading substantial portions of their holdings. According to prominent crypto analyst Ali Martinez, these whales have redistributed or sold over 5 million ETH since February 2023, translating to approximately $8.5 billion. Amid these intriguing market movements and whale activities, the crypto community is eagerly awaiting Benzinga’s Future of Digital Assets conference on Nov. 14. The event, known for its insightful panels and expert discussions, is set to p…