Two Ethereum Whale Addresses Liquidate 14,000 ETH Valued at $40.82 Million

On December 16, two Ethereum whale addresses liquidated a combined 14,000 ETH worth about $40.82 million within two hours, according to BlockBeats citing Lookonchain. Address 0x2802 sold 10,000 ETH via a DEX at an average price of $2,915.5, totaling $29.16 million, while address 0x4c0A offloaded 4,000 ETH across major centralized exchanges, including OKX, Binance, KuCoin, and Gate, for roughly $11.66 million. The transactions highlight notable selling activity by large ETH holders.