Markets· ★★★· bearish·

Ethereum ICO-era whale moves another 3,000 ETH to exchanges

  • —3,000 ETH worth $6.94 million moved to exchanges in 24 hours
  • —Wallet still holds 47,000 ETH valued at $109 million
  • —Original ICO cost basis was $0.31 per ETH
  • —Over $100 million in stablecoins was moved earlier
Why it matters: Continued selling by an early holder adds supply pressure on ETH, which is already trading near $2,300.
#ETH
Source: PANews
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