Ethereum whale still has 76,638 ETH remaining
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
The whale's action indicates that the perfect combination of timing and market sentiment can lead to significant returns. The wrong timing might lead to ultimate losses, which was the scenario of another ETH whale who saw significant losses as the ETH price dipped. Ethereum saw selling pressure at the start of the week after reaching highs of $3,281 on April 15. The drop persisted, with Ethereum falling for two consecutive days before slightly rebounding. At the time of writing, ETH was up 0.43% in the last 24 hours to $3,058.As reported, an ETH whale sold their 10,701 ETH stash worth $33 million, losing more than $4 million for the second time after going long on ETH. The first time, they lost almost $500,000.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ancient Ethereum Whale With 12,566 ETH Makes Surprising Return: DetailsSaid whale received 12,566 ETH at Ethereum Genesis in July 2015, at ICO price of $0.31
Read more »
Ancient Ethereum ICO Participant Suddenly Wakes UpEthereum (ETH) ICO participant has transferred $6.7 million worth of Ethereum (ETH)
Read more »
Ethereum: Mysterious Whale Sells Dormant ETH to Cash Out MillionsSmart whale has made tremendous profit on its dormant Ethereum coins
Read more »
Ethereum Whale Swallows 13,500 ETH on Major Crypto ExchangeETH trading down to $3,469 in wake of current market volatility
Read more »
Ethereum Sees Boost in Whale Purchases, Potential Approval for ETH ETFWhales have resumed purchasing Ethereum, spending $35 million in 14 hours. JP Morgan predicts a possible approval for an Ethereum ETF after a legal process. Phishing ads targeting Ethereum users appear on Etherscan. Ethereum shows signs of recovery, trading at $3,460. Market movers include whale activity, ETH ETF odds, and phishing scams.
Read more »