Ethereum Whales Scoop Up $280M in ETH: Is a Major Price Surge Around the Corner?

Ethereum’s price dropped by over 40% last week. Interestingly, data from Onchain Lens shows that large investors—often called ‘whales’ and institutions—pulled out a significant amount of ETH—around 186,168 ETH, valued at about $280 million—within a single day. These withdrawals happened on several major cryptocurrency exchanges like Kraken, Binance, and Gate.

