An Ethereum whale has moved $116 million worth of pre-mined ETH after 8 years. The identity and motive of the whale are unknown, but there are speculations that the investor may be cashing out after ETH reached new highs. Other large transactions by Ethereum whales and Bitcoin investors have also been observed recently. The article mentions Ethereum’s positive prospects for 2023, including network upgrades, growing adoption, and increasing demand.
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