According to blockchain analytics firm Lookonchain, the seller offloaded 55,000 ETH and 9,442 wstETH (wrapped staked Ether token) over the past week at an average price of $2,041.
An Ethereum early holder sold about $136 million worth of digital assets over the past week, according to blockchain analytics firm Lookonchain. The sales included 55,000 ETH valued at $112.25 million and 9,442 wstETH (wrapped staked Ether token) worth $24 million, with the transactions executed at an average price of $2,041. The activity highlights a sizable on-chain sale by a long-term Ethereum participant, while wstETH represents a tokenized form of staked Ether that is commonly used to maintain staking exposure (locking crypto to earn rewards) while remaining transferable.