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CoinGape 2024-07-01 12:46:01

Ethereum ICO Whale Dumps 7K ETH After $60 Million Selloff by Institutions

Despite a considerable upside momentum taken by Ethereum today, July 1, an ICO whale has moved substantial amounts of its holdings to a centralized exchange. A whopping 7K coins were recorded to be dumped amid $60 million weekly outflows in Ethereum, per data by CoinShares. Further, Ethereum has recorded the largest outflows since August 2022, The post Ethereum ICO Whale Dumps 7K ETH After $60 Million Selloff by Institutions appeared first on CoinGape .

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