ETH whales sold over $148 million in ETH in nearly an hour as the market fell.

According to Lookonchain monitoring, ETH whales are panic selling as the market plummets. Address 0x1D8d deposited 17,972 ETH, worth approximately $77.4 million, to Coinbase an hour ago; address 0x5A8E deposited 13,521 ETH, worth approximately $57.72 million, to Binance in the past 12 minutes; and address 0x3684 deposited 3,003 ETH, worth approximately $12.89 million, to Binance 20 minutes ago. The total amount sold has exceeded $148 million.