A whale has moved 13,406 Ethereum (ETH) to Coinbase, leading to concerns of a sell-off and possible dampening of sentiment in the Ethereum market. The Ethereum Foundation is also suspected to be conducting sell-offs, citing the need to free up funds for operational needs. The price of Ethereum has seen little growth recently, and if bearish concerns grow, bears may take over the coin. Investors are keeping an eye on Bitcoin whale and price trends, as well as inflows into Ethereum ETF products, to assess interest and risk exposure.
- Content Editor ( u.today )
- 2024-10-09
Massive 13,406 Ethereum Transfer Stuns Top U.S. Crypto Exchange