Ethereum Whale Transactions Surge to $12.1 Billion in a Day as ETH’s Price Dips Post-Spot ETF Launch

The much-anticipated launch of spot Ethereum exchange-traded funds (ETFs) has failed to ignite sustained upward momentum for the cryptocurrency, with Ethereum’s price enduring a slight correction since the launch of these funds last week to now trade at $3,300. Despite the price drop, on-chain data paints a complex picture with a surge in large Ethereum […] source: https://www.cryptoglobe.com/latest/2024/07/ethereum-whale-transactions-surge-to-12-1-billion-in-a-day-as-eths-price-dips-post-spot-etf-launch/