The article discusses how the ether-to-bitcoin ratio has dropped to a 14-month low as large token holders, including Ethereum co-founder Vitalik Buterin, have moved coins to crypto exchanges, potentially indicating a plan to sell. This trend has confirmed bearish forecasts for Ethereum’s price. The actions of these prominent investors, known as whales, are closely followed as they have a significant impact on the market. Depositing assets to exchanges usually signals a intention to sell, while withdrawals suggest accumulation.
AI Sentiment: Negative
