Hupzy (Spot On Chain)|May 30, 2026 10:09
📈 Ethereum OG dumps $136M in ETH — 55,000 ETH + 9,442 wstETH sold at ~$2,041 avg.
An Ethereum OG has been aggressively selling over the past week: 55,000 ETH ($112.25M) and 9,442 wstETH ($24M) at an average price of $2,041. Total sold: ~$136M.
Hupzy take: A $136M dump from a legacy holder at ~$2,041 is a massive distribution signal. This level of sustained selling adds significant supply during a period where ETH is already struggling to hold above $2,000. For traders, this creates a clear overhead supply zone. Watch whether the selling continues or if this OG has exhausted their liquid inventory.
Arkham: [Address 1](https://intel.arkm.com/explorer/address/0xc1b6085ab3fd59106bE476AC91Fd04A3E4ac740e) | [Address 2](https://intel.arkm.com/explorer/address/0xB4d3bea9D824C4dD7deD7cCc93E6212E3f0B186a)
Track real-time signals & trade → https://hupzy.com/trending(Spot On Chain)
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