whales recently made a significant move, which notably affected the netflow in the market. This coincided with a drop in the price of ETH, accompanied by a gradual increase in the supply on exchanges.
In total, 44,000 ETH, worth $140 million, were deposited to exchanges by these whales. Before this, another whale had deposited 11,892 ETH, approximately $38 million, to an exchange.inflows on CryptoQuant indicated that on 29th April, over 281,000 ETH were deposited into exchanges. While this was significant, it wasn’t the highest inflow observed in the month; that record was set on 13th April, with over 401,000 ETH deposited.
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