Whales have sold nearly 9.5 million ether since the beginning of spring 2022

In 2022, the largest holders of ether predominantly sold the cryptocurrency. Addresses controlling between 10,000 and 10 million ETH have sold more than 9.43 million coins since the beginning of last spring, according to a Santiment survey.
Thus, the volume of cryptocurrency in whale wallets decreased to 51.4% of its total supply.
The biggest spike in the activity of the etherium kits was last summer in the run-up to the Merge fork, which was activated in September. ETH was gaining in value before the software update, and large holders of the cryptocurrency took advantage of it.

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