The Ethereum selling wave triggered by the Ethereum Foundation and co-founder Vitalik Buterin has started to deepen.
Ethereum Foundation and Vitalik Buterin May 6 total on Saturday 30 million 400 thousand dollars US-based cryptocurrency exchange worth Ethereum to Kraken The wave of sales that started with the transfer whales also mobilized.
Offered by on-chain analytics firm Lookonchain data two Ethereum whales decentralized exchange (DEX) Uniswap on about $35.7 million total worth 19,090 ETH sold it.
First step 0x6071 It came from the whale identified as Whale, Ethereum price average $1,873 at the level 9,950 ETHto 18.63 million DAI sold in exchange. After a short time, 0x7641 another whale with a wallet also took action and averaged $1,867 from the level 9,140 ETHto 17.07 million DAIconverted to .
These notable sales of whales are common across the Ethereum community. domino effect among investors to worry caused.
Ethereum price looking at the daily chart MA50 consolidating around the moving average. According to analysts, if this level is lost, the price is the first important thing. support the one which… $1,710 may regress to the band.
According to CoinGecko data, in the last 24 hours 2.4% Ethereum price depreciating, at the time of writing at $1,858 is being traded.
