Hello everyone, this is Pipi. Recently, Ethereum (ETH) has been climbing all the way and has attracted widespread attention
Hello everyone, this is Pipi. Recently, Ethereum (ETH) has been climbing all the way and has attracted widespread attention. However, a mysterious "ETH whale" quietly transferred a large-scale ETH, which raises doubts about whether this large-scale transfer will have an impact on the rise of ETH?
Who is ETH Whale? Why is it undergoing a large-scale ETH transfer at this time? This issue has aroused people's interest. Some people believe that this may be due to blockchain technology companies conducting some kind of experiment or testing to promote the development of blockchain technology. What exactly is that? Let's take a look down!
Latest news from ETH:
From the above figure, it can be seen that Ethereum (ETH) has increased by+0.25% in 24 hours, with a 24-hour trading volume of 2.6077 million and a 24-hour trading volume of 33.414 billion.
What is the reason?
Recently, the recovery of Ethereum (ETH) (which has risen by 12% in the past 7 days) has attracted people's attention, and at the same time, we are also paying attention to the behavior of Ethereum (ETH) whales, which may affect this upward trend.
According to a post about Ethereum (ETH) "Whale" transferring 30710ETH, a cryptocurrency account named "EmberCN" pointed out that since September 20th, an Ethereum (ETH) "Whale" has extracted a total of 42311ETH from the cryptocurrency market Binance, and has just transferred 30710ETH back to B An.
This may be bad news, as it means that selling pressure will increase, which may lead to a decline in Ethereum (ETH).
In addition, "Wow, another busy ETH" whale "is flipping in the market! The 1 inch fund just sold 4685stETH for $8.54 million, achieving a profit of $1.28 million.
Overall, although the behavior of Ethereum (ETH) whales may affect the market, we cannot ignore other factors, such as technological development, which may have an impact on ETH. So, let's continue to monitor the trend of Ethereum (ETH) and see how far it can go.
Alright, that's it for this issue. See you next time!
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