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Ethereum whale sells $408M worth of ETH but price holds steady above $2,450.

Technical Signals
04 Sep 2026
Bitcoin
View Source
Neutral
Ethereum whale sells $408M worth of ETH but price holds steady above $2,450.

A mystery Ethereum whale sold 167,855 ETH, valued at $408 million, across multiple exchanges from August 30 to September 4, 2026. Despite this large sale, the price of ether remained resilient, trading near $2,520 and even rising about 5.2% over 24 hours. The market absorbed the supply partly due to strong inflows into U.S. spot ETH ETFs, including $141 million on September 3 led by Blackrock’s ETHA. This sale is one of the largest single-wallet exits this year but did not disrupt the ongoing upward trend in ether’s price, which reflects continued strong demand and market confidence.

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