Ethereum whale movements: 838.52 ETH traded at a unit price of 2941 USDT, totaling 2.46 million USD

ForkMonger · 2026-01-22T16:20:10+00:00

Recently, a large Ethereum transaction was completed on the ETHUSDT pair, with a total of 838.52 ETH traded, valued at approximately 2.46 million USDT. Such transactions reflect market participants' movements and indicate that funds are still active. The subsequent trend will depend on market conditions and capital changes.

ForkMonger

2026-01-22 16:20:10

Abstract generation in progress

【Crypto World】Another large Ethereum transaction has been recorded on the chain. A wallet just completed a significant trade on the ETHUSDT trading pair—at a price of 2941 USDT, selling a total of 838.52 ETH, with a total value of approximately 2.46 million USDT.

Transactions of this magnitude often reflect the true intentions of market participants. Whether it’s institutional rebalancing or whale position changes, it’s worth paying attention to. In recent ETH movements, such large transactions have been frequently appearing, indicating that there are still many forces actively trading within the market.

For traders tracking on-chain data, a single transaction with a volume exceeding million USD suggests liquidity is still present. However, how the market will develop next depends on subsequent price movements and capital flow changes.

ETH-4.28%

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OnchainSniper

· 01-24 13:12

2.46 million dollars poured out all at once. What is this whale thinking? Is it bottom-fishing or running away?

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CrossChainMessenger

· 01-23 22:12

It's another whale dumping, and the price isn't exactly cheap either. --- 2.46 million USD in one bite. Is someone dumping or just accumulating? --- The frequency feels a bit off, it seems like another shakeout. --- 838 ETH, just like that. I only earned a small fraction of my monthly salary this month. --- Liquidity is okay, but if this is really an institutional exit, it would be bad. --- Hands up if you want to buy the dip at 2941. Anyway, I don't have the courage. --- Always watching large transactions, but you really need to see how the order book reacts to know the truth.

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SmartContractRebel

· 01-22 16:49

Whales are dumping again. Is the price of 2941 really that urgent... Something feels off.

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P2ENotWorking

· 01-22 16:36

Is the whale dumping again? Or is it accumulating? Who can say for sure?

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HashBandit

· 01-22 16:35

nah mate, 838 ETH dump at 2941? that's basically pocket change for these whales lol... back in my mining days we'd see 10x that volume without even blinking. anyway, gas fees probably ate half their profits getting this on-chain, that's the real tragedy here tbh

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ForkYouPayMe

· 01-22 16:34

Is the whale dumping again? 2.46 million can't make much of a splash.

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liquidation_watcher

· 01-22 16:29

Whales are selling again, this pace is a bit rapid. At the 2941 price level, selling 838 ETH? Either they know something we don't, or they're forced to cut losses.

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DeepRabbitHole

· 01-22 16:24

Whales are dumping again, selling off @USD246 million in one go... Is this move to crash the market or rebalance the portfolio? Does anyone really buy at this price? The liquidity can't be eaten up that quickly, right? The unit price of 2941... feels a bit fake, probably just a dump. 838 ETH, just like that—whales are having fun haha. Here we go again... Recently, large transactions like this happen so frequently, I really can't figure out who's causing the fuss.

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