ETH's Wild Ride: Whales Gorge While Traders Cash Their Chips
Key Points
- Ethereum traders are experiencing a rollercoaster with $1.5 ...
The cryptocurrency market's favorite smart contract platform is giving us more entertainment than a Wall Street blockbuster, as Ethereum showcases a dazzling display of profit-taking meets whale-sized appetite. At $2,560, ETH traders are either counting their stacks or watching others count theirs.
Whale Watch: Big Fish Make Bigger Splashes
May 16 wasn't just another day at the crypto office - investors cashed out a whopping $1.5 billion in profits while whales were busy scooping up 230,000 ETH from exchanges. Abraxas Capital, apparently not satisfied with their current ETH holdings, went...
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