Ethereum Whales Sell off $106 Million in ETH, Could Sub-$3000 ETH Price Be Possible in the Future?

Quick Summary:

Bitcoin and the broader cryptocurrency market have come under severe selling pressure with over $900 million in liquidations over the last 24 hours.

The Ethereum (EHT) price has cracked by a staggering 8% moving all the way to $3,250 levels.

According to data provided by Lookonchain, the transactions involved major players in the cryptocurrency space, including Cumberland, 0xC3f8, 0x1717, and Alameda/FTX.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: Ethereum price fall ETH Price Crash Ethereum Whale Transactions Altcoin News ETH Price Correction Ethereum Price Analysis 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-13 @ 16:28:30 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 429 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 20675873

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