Markets· ★★· bearish·

POAP founder moves 4,000 ETH to Gemini, offloads 8,000 ETH in six days

  • —4,000 ETH worth about $10.02 million sent to Gemini
  • —8,000 ETH sold over six days for $20.81 million at an average of $2,601
  • —Remaining holdings: 51,468 ETH valued at $129 million
Why it matters: A major holder keeps trimming his position, adding to selling pressure on Ethereum.
Source: PANews