With the rising price volatility in the cryptocurrency market, the whales are exchanging different positions with the Ethereum price dropping 8% in the past 24 hours. Reportedly, the ETH price experienced this drop despite the ongoing “Devcon 2024”. Notably, one Whale with wallet address “0x49e” has withdrawn 8,001 Ethereum worth $25.36 million from its Binance today. Moreover, this whale had accumulated 20,276 ETH tokens with an average price of ~$2,959 over the past nine days. With this, the whale currently has an unrealized profit of $4.14 million.

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