Whale Alert reports, that the tokens were moved on Sept. 16, one day after Ethereum transitioned to a proof-of-stake network. Over the past three months, top whale addresses had sent a significant amount of ETH onto exchanges. At the time of writing, ETH was trading at $1430.91, down almost 19% in the last seven days. Earlier last week, the exchange balance of ETH reached 21.96 million, the highest level in five months. Non-exchange addresses have declined 11%, while exchange-based addresses have surged by 78%.Read Long Article
