Ethereum Foundation Continues Sell-Off As Institutions Turn Bearish On ETH Price

Quick Summary:

On-chain data revealed that the selloff took place via two transactions, raising eyebrows among market watchers as the coin currently rides bearish waves in the broader industry.

Ethereum Foundation has once again raised investor concerns globally, selling 200 ETH on Monday.

Further, month-to-date outflows totaled $145.7 million, solidifying investor apprehension around the asset.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: Crypto

Markets: India

Topics: Ethereum (ETH) price Ethereum (ETH) Altcoin News Ethereum Foundation 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-23 @ 11:06:33 (5 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 411 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 22653947

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 20 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions