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Ethereum deposits exceeds previous record high; are whales cashing out? Ethereum deposits exceeds previous record high; are whales cashing out?

Ethereum deposits exceeds previous record high; are whales cashing out?

Ethereum deposits on exchanges have exceeded its previous high in December 2018, when the price of ETH fell to as low as $89.

Ethereum deposits exceeds previous record high; are whales cashing out?

Cover art/illustration via CryptoSlate

Ethereum deposits on exchanges have exceeded its previous high in December 2018, when the price of ETH fell to as low as $89.

Total exchange deposits of Ethereum increased to 14.5 million across all major cryptocurrency platforms, indicating that ETH is likely being sent to trading platforms to be sold.

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