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Ethereum Plunging As Whales Keep Offloading The Coin Republic 01 sept. 2024

Ethereum Plunging As Whales Keep Offloading 📉

Ethereum ETH Binance

According to current market trends, Ethereum (ETH) has experienced a significant decline in the past 24 hours. The cryptocurrency's price has dropped by nearly 3% and is now trading at $2,447.52 at the time of writing.

The sell-off is largely attributed to the movement of a substantial amount of Ethereum to the crypto exchange Binance. This transfer and subsequent offloading by major holders, often referred to as 'whales,' have put downward pressure on ETH's price.

Source : www.thecoinrepublic.com ↗

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