Ether Worth Nearly $1B Left Exchanges Monday as Trade War Fears Sent Prices Crashing

Quick Summary:

Data shows investors likely bought the dip, snapping up ETH at lower prices.

The tweet added to the already crazy volatility of the day, with ETH's price spiking to nearly $2,900.

Half of that volume was captured by BlackRock's iShares Ethereum Trust (ETHA).

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Article Details

Author / Journalist: Omkar Godbole, Helene Braun

Category: Crypto

Markets: United StatesCanadaCubaMexico

Topics: Ethereum Markets Ether Ether ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 16:12:27 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 301 words

Reading Time: 2 minutes read

Sentences: 30 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 25892478

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