Markets· ★★★· bearish·

POAP founder moves 18,000 ETH worth $45.86M to Gemini in nine days

  • —18,000 ETH worth $45.86M sent to Gemini over nine days
  • —Latest sale: 10,000 ETH worth $25.05M 20 minutes before the report
  • —POAP founder still holds 41,500 ETH worth $104M
Why it matters: A major holder is taking profit via an exchange, and rising ETH supply on CEXs could add selling pressure on the price.
#ETH
Source: PANews
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