PANews reported on August 19th that according to Lookonchain monitoring, ETH whales are panic selling as the market declines. Address 0x1D8d deposited 17,972 ETH, worth approximately $77.4 million, to Coinbase an hour ago; address 0x5A8E deposited 13,521 ETH, worth approximately $57.72 million, to Binance in the past 12 minutes; and address 0x3684 deposited 3,003 ETH, worth approximately $12.89 million, to Binance 20 minutes ago. The total amount sold has exceeded $148 million.