Bitcoin (BTC) under the leadership Ethereum and altcoins are on the rise ETH It exceeded $3,300.
While these increases caused investors to sell profits, the latest move Ethereum FoundationIt came from.
According to Lookonchain’s post, a wallet affiliated with the Ethereum Foundation deposited 4,000 ETH ($13.3 million) to Kraken after the ETH price exceeded $3,300 today.
“A wallet affiliated with the Ethereum Foundation deposited 4,000 ETH ($13.3 million) to Kraken after the price of ETH exceeded $3,300 today.
The last time this wallet deposited ETH to Kraken was January 16, 2022, and the price of ETH at that time was approximately $3,350.
This wallet received 39,006 ETH ($130.6 million) from EthDev and currently holds 33,006 ETH ($110 million).”
In the cryptocurrency market, sending large amounts of crypto to exchanges is generally interpreted as a sale.
At this point in general Ethereum co-founder Vitalik Buterin and ETH transfers and sales by the Ethereum Foundation are causing FUD in the crypto community to rise and the Ethereum price to drop.
ETH At the time of writing, it continues to be traded at $ 3,346.
A wallet related to the #Ethereum Foundation deposited 4,000 $ETH($13.3M) to #kraken after the $ETH price exceeded $3,300 today.
The last time this wallet was deposited $ETH to #kraken was on Jan 16, 2022, when the price of $ETH was ~$3,350.
This wallet received 39,006… pic.twitter.com/t2zs4qrEg7
— Lookonchain (@lookonchain) February 28, 2024
*This is not investment advice.
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