eporne-The Ethereum Foundation just sold $30M in Ether — But will ETH price fall this time?
Anonymous3天前5
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+ Add another positionCloseOn May 6, Ethereum Foundation transferred nearly $30 million in Ether (ETH) to the Kraken cryptocurrency exchange, causing jitters in the market about a potential selloff event.
ETH price fell 4.8% to $1,900 on the day, but the decline has been negligible so far amid a wider recovery trend.
Ether Kraken balance vs. exchange balance. Source: GlassnodeEthereum Foundation large ETH transfers to exchanges in recent period. Source: Wu BlockchainContinue Reading on Coin Telegraph
