Today news
About the same in other media
Ethereum whales dumping ETH as price slides below $4K, data shows
Reading now: 449
Ethereum is having difficulty keeping its richest investors in line as its native token, Ether (ETH), hints at logging more losses in the near term.
Blockchain data analytics service Glassnode revealed that the number of Ethereum addresses holding at least 1,000 ETH dropped to 6,292 this Monday, the lowest reading since April 2017. At its year-to-date peak, the numbers were 7,239 in January.
On-chain analysts typically observe ETH distributions among addresses to realize retail and institutional sentiments. They consider wallets that hold above 1,000 ETH (around $3.92 million at currency exchange rates) as “whales,” primarily for their ability to influence interim market trends via large sell and/or buy orders.
But as the numbers of these
Read more on cointelegraph.comAbout this in other media
Ethereum, Shiba Inu, Terra Price Analysis: 12 January ambcrypto.com /2 years ago
Ethereum futures and options data reflects traders’ mixed emotions on $3.2K ETH price cointelegraph.com /2 years ago
Europol told to delete personal data not linked to any crime by EU watchdog euronews.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
