On August 28th, according to Spot On Chain statistics, ETH has fallen sharply twice in the past month (a cumulative decline of 23.5%). Here are the four key forces that could lead to the recent sell-off:
Ethereum Foundation: Sold 35,400 ETH (~ $95 million) and still holds 275,000 ETH (~ $677 million).
2. Jump Trading: Sell 88,900 ETH (~ $276 million) and still hold 53,600 ETH (~ $132 million).
3. IC0-related whale "0xe17": Sold 48,500 ETH (~ $154 million), still holding 303,000 ETH (~ $751 million).
4. Long-term holding of whale "0x682": sold 25,000 ETH (~ $73.9 million), still holding 41,600 ETH (~ $103 million).
Four key forces sold 197,800 ETH, about $599 million, in the past month
2024-08-28 10:53:15
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
四大关键力量在过去1个月抛售19.78万枚ETH，约5.99亿美元Next article：
Whales Market在Pre-Market上线Magic Eden（ME）
