COINOTAG News on August 25 reports that LookIntoChain monitoring recorded a whale sold 5,500 ETH event in the past four hours, totaling about $25.32 million at an average execution price of $4,603, with on‑chain confirmations visible in the transaction log.
Historical wallet activity shows concentrated buy and sell flows: Jul 29–Aug 3 sold 38,582 ETH (avg $3,548, ~$136.9M); Aug 8–15 bought back 16,800 ETH (avg $4,424, ~$74.3M); Aug 16–20 sold 10,900 ETH (avg $4,369, ~$47.6M); and Aug 23 bought 7,500 ETH (avg $4,747, ~$35.6M), indicating repeated accumulation and liquidation on-chain.
The latest disposal constitutes a measurable liquidity outflow from a single wallet but does not alone establish market trend; traders and analysts should track subsequent order‑book depth and ongoing on‑chain flows for corroborating evidence before adjusting positioning.