$ETH whales actively taking profits after the second-biggest cryptocurrency exceeded $2,000
The court's decision seems to have provided a significant boost to the overall cryptocurrency market sentiment, leading to a considerable price appreciation for several tokens, Ethereum included. surged to around $2,000.
This impressive rally undoubtedly offered an attractive profit-taking opportunity for ETH whales who had acquired their holdings at lower price levels. As such, the current ETH sell-off by whales could be a reflection of these large investors cashing in on their profits, an understandable move considering the crypto market's notorious volatility.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Liquid Staking Derivatives in Ethereum Swell by 1.5 Million ETH in 2 Months – Defi Bitcoin NewsIn a span of just over two months, the liquid staking derivatives sector witnessed a substantial swelling of nearly $3 billion in its value. Ethereum LiquidStaking
Read more »
78 whales killed in front of cruise ship passengers in the Faroe IslandsCruise ship passengers arrived in the Faroe Islands as dozens of whales were killed as part of a traditional hunt, the cruise line confirmed Thursday.
Read more »
Cruise line apologizes after dozens of whales slaughtered in front of passengersA cruise line has apologized to over 1,000 of its passengers after one of its ships arrived at port in the middle of a whale hunt where dozens of the marine mammals were being slaughtered. “We are dedicated to supporting ORCA in their endeavours to collect data and to monitor whales and dolphins and we are extremely disappointed that this has happened after weeks of trying to open constructive dialogue with the Faroese government and Visit Faroes on these issues,” Christian Verhounig, Ambassador’s CEO in their statement.
Read more »
Price analysis 7/14: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, LTC, MATIC, DOTAfter the dramatic climb of the last two days, Bitcoin and numerous altcoins are taking a breather, but the overall trend remains bullish.
Read more »
Bitcoin, Ethereum Technical Analysis: Bitcoin Hits 14-Month High, Following Ripple Ruling – Market Updates Bitcoin NewsBTC rose towards the $32,000 mark late Thursday, as markets reacted to the news that a U.S. judge ruled XRP was not necessarily a security.
Read more »
Ethereum scaling protocols drive zero-knowledge proof use: Finance RedefinedAlgorand decentralized lending protocol Algofi to shut down by end of 2023, Arbitrum-based Rodeo Finance exploited for the second time, $1.5 million stolen, all these and more in the latest edition of Finance Redefined.
Read more »