If there would be whales, why wouldn't they transfer their funds in a much smaller number of transactions?
It has looked to me more like a withdrawal/payout done by an entity to a huge number of addresses, especially as the fees are pretty much similar (which would not be the same if there would be competing trading or arbitrage bots). That's why I was asking.
Last time it may have been a competition between bots and probably the price was also going upwards.
Thank you.
If the price doesn't go up suddenly, I'd expect this get cleared before Monday. Else... that will be a shitshow, this is nothing yet.
I'd expect consolidation be big transactions, not many transactions. So I agree, this doesn't look like consolidation.