Long-term Ethereum whales have been offloading their ETH holdings in big numbers over the past three days as ETH price faces massive selling pressure. Although ETH has bounced back more than 13% from the lows of $1,400, whales have adopted the sell-on-rise strategy. Trump’s 90-day delay in tariff implementation has given some breather to the market; however, investors are still not gaining confidence over the asset class.