Markets· ★★★· bearish·

Three large investors offload nearly $205M in ether

  • —Large investors sold 76,370 ETH worth $204.7M over 10 days
  • —A holder who bought ETH at $14 moved 6,369 ETH (~$15.95M) to Kraken
  • —A wallet tied to Patricio Worthalter sent 18,000 ETH (~$45.9M) to Gemini
  • —Address 0x8c58 sold 9,996 ETH (~$25M) for a ~$24.5M profit
Why it matters: Heavy selling by large ETH holders adds downward pressure on the second-largest cryptocurrency.
#ETH#BTC
Source: Bits.media
More on this
Markets · Oct 3
Ether ETFs Shed $118 Million in Three Days as Bitcoin Funds Regain Inflows
 Markets · 10:53
Large limit orders on six crypto assets reach $352M this week
 Markets · Oct 12
AVAX Gains Nearly 50% in Four Weeks, Outpacing Bitcoin and Ether