ETH Whales Cashing out Massively Amid Ethereum Price Drop

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

As Ethereum's price goes south, ETH whales make strategic moves, cashing out millions amid market dump

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Lastly,"0xa43" sold 10,776 ETH for $38.2 million on March 15, realizing a notable $9.14 million profit, equating to a 31.5% gain.plummeting over 11% since the start of the week. After reaching a two-year high of $4,093 last week, Ethereum faced a significant sell-off, driving its price down to $3,200 per ETH.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum (ETH) Whale Nets Over $100 Million in Profits Amid Price RallyEthereum sees growing trend of large-scale accumulation amid price rally
Source: Utoday_en - 🏆 295. / 63 Read more »

$64 Million in Ethereum Pulled From Exchanges by Whales as Price JumpsWhales are showcasing their confidence in Ethereum amid bullish signals
Source: Utoday_en - 🏆 295. / 63 Read more »

$100 Million Ethereum Transfer Floods Major Exchange as ETH Price up 9%Jaw-droppping $100 million Ethereum transfer floods Binance amid ETH's remarkable 9% price surge
Source: Utoday_en - 🏆 295. / 63 Read more »

Ethereum (ETH) Price Chart Looks Primed for Further Gains in the Coming WeeksEthereum is bubbling under the $4k level after a sustained rally since late-January. The medium-term outlook remains positive but care needs to be taken in the short-term.
Source: DailyFX - 🏆 305. / 63 Read more »

Ethereum Price Prediction: Is ETH Going to Surge to $5K in March?Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Ethereum Explodes Past $4,000 as Bulls Now Eye All-Time High Levels (ETH Price Analysis)Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »