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Ethereum Whales Absorb $1 Million Loss As Market Caution Intensifies

NewsBTC LogoNewsBTC16h ago

Ethereum Whales Absorb $1 Million Loss As Market Caution Intensifies - NewsBTC

Quick Summary:

This whale withdrew 24,029 $ETH($81.3m) from #Binance via 10 new wallets 3 weeks ago and currently holds 13,959 $ETH($45.48M).… pic.twitter.com/5lqFegRu3i — Lookonchain (@lookonchain) January 13, 2025 Bringing Down Market Sentiment The crypto market as a whole is unstable, and Ethereum’s price is following suit.

Related Reading: Litecoin Price Falters Amid Doubts Over LTC ETF Approval Anticipated Advancements Ahead Ethereum remains appealing to developers and long-term investors.

The current market action of Ethereum has generated significant interest, especially among its large investors.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 23:00:38 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 452 words

Reading Time: 3 minutes read

Sentences: 72 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 25165181

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

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: #102

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