Amid the recent surge in Ethereum, which briefly crossed above $3200, a giant whale is coming back to sell its ETH tokens, holding 398,891 ETH tokens worth $1.28 billion. The whale has recently offloaded 46,853 ETH tokens in exchange for 138.8 million USDC at an average price of $2,920 since November 7. Recently, the whale transferred another batch of 12,886 ETH tokens worth $41.24 billion in preparation for sale. The whale continues to hold 352,036 ETH tokens worth $1.27 billion.
Source: https://coinpedia.org/crypto-live-news/ethereum-whale-sells-over-59739-eth-amid-recent-price-rally/