Whales hold back the growth of ether

Ether (ETH) fell 2% to $1849 on Friday night, June 30. The altcoin’s capitalization shrank to $222.377 billion.
Lookonchain analysts attribute the retreat of ETH to the activation of whales. Large investors are taking ether to exchanges for its subsequent sale.
One whale sent $47.24 million worth of ETH to Binance. He transferred a total of 25,000 ether to the trading floor.

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