Ethereum [ETH] whales play ‘shy guy’ ahead of Shanghai Upgrade

Holders of 10,000 to 1,000,000 ETH coins have reduced their holdings in the last month. Long-held ETH coins change hands as the Shanghai Upgrade draws closer. Ahead of the 12 April date set for the Shanghai Upgrade, on-chain data revealed a gradual decline in Ether [ETH] holdings for whales that hold between 10,000 to 1,000,000