Tron founder Justin Sun has been offloading a significant portion of his Ethereum (ETH) holdings. As the Ethereum price rallies to vital breakout levels of $3,800, Sun recently sold a total of 20,000 ETH, valued at over $76 million, to the crypto exchange HTX. This move has sparked curiosity among traders as they analyze the reasons behind Sun’s selling spree amidst the growing market enthusiasm for Ethereum. Meanwhile, whales in the Ethereum ecosystem continue to accumulate, which may indicate future upward price pressure as large investors become increasingly bullish on ETH. Market observers are left wondering if this selling signifies a peak for Ether or if it merely represents a recalibration prior to further price increases. The interplay between whale activity and high-profile sales may shape Ethereum’s performance in the upcoming weeks.