WisdomTree Dumps $599M In Bitcoin & Ethereum, More Dip Incoming?

Quick Summary:

The leading provider of ETFs in the digital assets space, WisdomTree has gained market traction with its recent Bitcoin and Ethereum transfers.

Notably, this movement comes as both the top two crypto by market cap noted sharp price declines over the last 24-hour timeframe.

Besides, the fund manager still holds a significant amount of BTC and ETH, which has fueled concerns over further dip ahead for the crypto.

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Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: India

Topics: Ethereum (ETH) price 24/7 Cryptocurrency News WisdomTree Bitcoin (BTC) Price Bitcoin Price Drop

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 09:49:25 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 406 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: 23362950

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 20 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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