{"id":628986,"date":"2024-07-10T20:00:40","date_gmt":"2024-07-10T20:00:40","guid":{"rendered":"https:\/\/wncen.com\/?p=628986"},"modified":"2024-07-10T14:11:31","modified_gmt":"2024-07-10T14:11:31","slug":"ethereum-whale-11215-eth-coinbase","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/","title":{"rendered":"Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit"},"content":{"rendered":"

An <\/span>Ethereum whale<\/span><\/a> has caused panic among community members following a recent transaction suggesting they might be looking to offload their holdings. This comes amid a recent prediction by <\/span>research firm Matrixport<\/span><\/a> that Ethereum\u2019s price could significantly rebound from its current price level.\u00a0<\/span><\/p>\n

Ethereum Whales Transfers 11,215 ETH<\/h2>\n

Onchain <\/span>data<\/span><\/a> shows that the Ethereum whale transferred 11,215 ETH ($34.3 million) to the <\/span>crypto exchange Coinbase<\/span><\/a>. A trader usually makes such a move when selling these tokens, and considering the amount of tokens involved, such a sale could significantly impact ETH\u2019s price. However, <\/span>data<\/span><\/a> from the <\/span>market intelligence platform IntoTheBlock<\/span><\/a> shows that there might be a demand for these tokens if, indeed, this whale is looking to offload their tokens.\u00a0<\/span><\/p>\n

Related Reading: 83% Of All Bitcoin Holders Still In Profit Despite Drop Below $60,000<\/a><\/div>\n

There has been an increase of 132% in the large holders’ netflow to exchange netflow ratio in the last seven days, which suggests that Ethereum whales are actively accumulating more ETH. The flow metrics also paint an accumulation trend among <\/span>Ethereum holders<\/span><\/a>, with inflow volume into exchanges down by over 11% in the last seven days.<\/span><\/p>\n

\"Ethereum
Source: IntoTheBlock<\/figcaption><\/figure>\n

During this period, the outflow volume from these exchanges has increased by 3%, further confirming that Ethereum investors are looking to hold their positions and accumulate more ETH at this point. This is undoubtedly a positive development for Ethereum\u2019s price, which could witness a significant rebound thanks to this wave of accumulation.\u00a0<\/span><\/p>\n

Research firm Matrixport also <\/span>predicted<\/span><\/a> that ETH\u2019s price would rebound from its current price level thanks to the <\/span>Spot Ethereum ETFs<\/span><\/a>, which they claimed could launch as early as this week.\u00a0<\/span><\/p>\n

While that remains uncertain, market experts like <\/span>Bloomberg analyst James Seyffart<\/span><\/a> have suggested that it shouldn\u2019t be long before these Spot Ethereum ETFs begin trading. This is because fund issuers have implemented most of the comments that the <\/span>Securities and Exchange Commission (SEC)<\/span><\/a> had on their S-1 filings.\u00a0<\/span><\/p>\n

ETH Is Primed For A Rally<\/h2>\n

Crypto analyst Leon Waidmann<\/span><\/a> mentioned in an X (formerly Twitter) <\/span>post<\/span><\/a> that Ethereum is primed for a rally. He made this assertion based on Ethereum\u2019s dwindling supply. He noted that 40% of Ethereum\u2019s supply is locked up, with 28% staked and the other 12% in smart contracts and bridges.\u00a0<\/span><\/p>\n

\"Ethereum
Source: CoinMetrics<\/figcaption><\/figure>\n

Additionally, Waidmann expects this supply to continue to reduce once the <\/span>Spot Ethereum ETFs<\/span><\/a> begin trading, with <\/span>institutional investors<\/span><\/a> taking a huge chunk of the supply off exchanges. Based on this, Ethereum could rally on the back of the supply and demand dynamics since demand is bound to outpace supply at some point.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Crash: Here\u2019s What The Data Says About Buying The Dip<\/a><\/div>\n

Crypto analyst Follis <\/span>mentioned<\/span><\/a> that Ethereum\u2019s chart looks identical to Bitcoin\u2019s just before it pumped over 200% last year. He suggested that the <\/span>Spot Ethereum ETFs<\/span><\/a> could be the catalyst that sparks a similar rally for ETH.\u00a0<\/span><\/p>\n

\"Ethereum
ETH bears push price down | Source: ETHUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

An Ethereum whale has caused panic among community members following a recent transaction suggesting they might be looking to offload their holdings. This comes amid a recent prediction by research firm Matrixport that Ethereum\u2019s price could significantly rebound from its current price level.\u00a0 Ethereum Whales Transfers 11,215 ETH Onchain data shows that the Ethereum whale transferred 11,215 ETH ($34.3 million) to the crypto exchange Coinbase. A trader usually makes such a move when selling these tokens, and considering the amount of tokens involved, such a sale could significantly impact ETH\u2019s price. However, data from the market intelligence platform IntoTheBlock shows that there might be a demand for these tokens if, indeed, this whale is looking to offload their tokens.\u00a0 Related Reading: 83% Of All Bitcoin Holders Still In Profit Despite Drop Below $60,000 There has been an increase of 132% in the large holders’ netflow to exchange netflow ratio in the last seven days, which suggests that Ethereum whales are actively accumulating more ETH. The flow metrics also paint an accumulation trend among Ethereum holders, with inflow volume into exchanges down by over 11% in the last seven days. During this period, the outflow volume from these exchanges has increased by 3%, further confirming that Ethereum investors are looking to hold their positions and accumulate more ETH at this point. This is undoubtedly a positive development for Ethereum\u2019s price, which could witness a significant rebound thanks to this wave of accumulation.\u00a0 Research firm Matrixport also predicted that ETH\u2019s price would rebound from its current price level thanks to the Spot Ethereum ETFs, which they claimed could launch as early as this week.\u00a0 While that remains uncertain, market experts like Bloomberg analyst James Seyffart have suggested that it shouldn\u2019t be long before these Spot Ethereum ETFs begin trading. This is because fund issuers have implemented most of the comments that the Securities and Exchange Commission (SEC) had on their S-1 filings.\u00a0 ETH Is Primed For A Rally Crypto analyst Leon Waidmann mentioned in an X (formerly Twitter) post that Ethereum is primed for a rally. He made this assertion based on Ethereum\u2019s dwindling supply. He noted that 40% of Ethereum\u2019s supply is locked up, with 28% staked and the other 12% in smart contracts and bridges.\u00a0 Additionally, Waidmann expects this supply to continue to reduce once the Spot Ethereum ETFs begin trading, with institutional investors taking a huge chunk of the supply off exchanges. Based on this, Ethereum could rally on the back of the supply and demand dynamics since demand is bound to outpace supply at some point.\u00a0 Related Reading: Bitcoin Crash: Here\u2019s What The Data Says About Buying The Dip Crypto analyst Follis mentioned that Ethereum\u2019s chart looks identical to Bitcoin\u2019s just before it pumped over 200% last year. He suggested that the Spot Ethereum ETFs could be the catalyst that sparks a similar rally for ETH.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":629048,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13625],"tags":[6664,85977,8323,89213,16163,1946,7931,6931,8686,78803,89615,14781],"class_list":["post-628986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-crypto","tag-crypto-whales","tag-eth","tag-eth-news","tag-eth-price","tag-ethereum","tag-ethereum-news","tag-ethereum-price","tag-ethusd","tag-ethusdt","tag-whale-news","tag-whales"],"acf":[],"yoast_head":"\nEthereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit<\/title>\n<meta name=\"description\" content=\"An Ethereum whale has caused panic among community members following a recent transaction suggesting they might be looking to sell.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit\" \/>\n<meta property=\"og:description\" content=\"An Ethereum whale has caused panic among community members following a recent transaction suggesting they might be looking to sell.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-10T20:00:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-10T14:11:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Ethereum-whale.jpeg?fit=1792%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit\",\"datePublished\":\"2024-07-10T20:00:40+00:00\",\"dateModified\":\"2024-07-10T14:11:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/\"},\"wordCount\":529,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Ethereum-whale.jpeg?fit=1792%2C1024\",\"keywords\":[\"crypto\",\"Crypto Whales\",\"ETH\",\"ETH news\",\"eth price\",\"ethereum\",\"ethereum news\",\"ethereum price\",\"ethusd\",\"ETHUSDT\",\"Whale news\",\"whales\"],\"articleSection\":[\"Ethereum\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/\",\"url\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/\",\"name\":\"Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Ethereum-whale.jpeg?fit=1792%2C1024\",\"datePublished\":\"2024-07-10T20:00:40+00:00\",\"dateModified\":\"2024-07-10T14:11:31+00:00\",\"description\":\"An Ethereum whale has caused panic among community members following a recent transaction suggesting they might be looking to sell.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Ethereum-whale.jpeg?fit=1792%2C1024\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Ethereum-whale.jpeg?fit=1792%2C1024\",\"width\":1792,\"height\":1024,\"caption\":\"Ethereum whale\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/wncen.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit","description":"An Ethereum whale has caused panic among community members following a recent transaction suggesting they might be looking to sell.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit","og_description":"An Ethereum whale has caused panic among community members following a recent transaction suggesting they might be looking to sell.","og_url":"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-07-10T20:00:40+00:00","article_modified_time":"2024-07-10T14:11:31+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Ethereum-whale.jpeg?fit=1792%2C1024","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit","datePublished":"2024-07-10T20:00:40+00:00","dateModified":"2024-07-10T14:11:31+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/"},"wordCount":529,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Ethereum-whale.jpeg?fit=1792%2C1024","keywords":["crypto","Crypto Whales","ETH","ETH news","eth price","ethereum","ethereum news","ethereum price","ethusd","ETHUSDT","Whale news","whales"],"articleSection":["Ethereum"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/","url":"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/","name":"Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Ethereum-whale.jpeg?fit=1792%2C1024","datePublished":"2024-07-10T20:00:40+00:00","dateModified":"2024-07-10T14:11:31+00:00","description":"An Ethereum whale has caused panic among community members following a recent transaction suggesting they might be looking to sell.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Ethereum-whale.jpeg?fit=1792%2C1024","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Ethereum-whale.jpeg?fit=1792%2C1024","width":1792,"height":1024,"caption":"Ethereum whale"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit","url":"http:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ethereum\/ethereum-whale-11215-eth-coinbase\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Ethereum-whale.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Ethereum-whale.jpeg?fit=1792%2C1024"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["crypto","crypto whales","eth","eth news","eth price","ethereum","ethereum news","ethereum price","ethusd","ethusdt","whale news","whales"],"dateCreated":"2024-07-10T20:00:40Z","datePublished":"2024-07-10T20:00:40Z","dateModified":"2024-07-10T20:00:40Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ethereum-whale-11215-eth-coinbase\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ethereum-whale-11215-eth-coinbase\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Ethereum-whale.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Ethereum-whale.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"crypto\",\"crypto whales\",\"eth\",\"eth news\",\"eth price\",\"ethereum\",\"ethereum news\",\"ethereum price\",\"ethusd\",\"ethusdt\",\"whale news\",\"whales\"],\"dateCreated\":\"2024-07-10T20:00:40Z\",\"datePublished\":\"2024-07-10T20:00:40Z\",\"dateModified\":\"2024-07-10T20:00:40Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Ethereum-whale.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/628986"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=628986"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/628986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/629048"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=628986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=628986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=628986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}