ETH Worth Rise Stops After Whales Cease Withdrawing Circles


  • ETH is at present value round $1,653.49 after a 0.92% value drop.
  • Lookonchain posted a few mysterious fund pouring cash into the cryptocurrency market.
  • The account stopped withdrawing funds from Circle on February sixteenth and the value of ETH has stopped growing since then.

One among as we speak’s loss-making cryptocurrencies is Ethereum (ETH), the biggest altcoin by market capitalization. In response to crypto market monitoring web site CoinMarketCap, ETH is at present value round $1,653.49 after a 0.92% value drop over the previous 24 hours. The cryptocurrency hit a excessive of $1,671.13 and a low of $1,632.57 over the identical interval.

ETH’s poor efficiency final week affected the altcoin’s weekly efficiency as altcoins had been additionally down 0.07% final week. ), up about 1.28% on the ultimate day.

Ethereum / Tether US 1D (Supply: TradingView)

ETH’s 24-hour buying and selling quantity can be within the pink zone, at present at $8,393,890,281 after dropping greater than 4% from yesterday. By way of market cap, ETH is $8,393,890,281.

In associated information, on-chain analytics platform Lookonchain twitter At present we’ll share some attention-grabbing metrics about ETH. Earlier this 12 months he posted on February sixteenth that Lookonchain posted a few mysterious fund pouring cash into the crypto market regardless of falling BTC and ETH costs. .

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This handle withdrew roughly 155 million USDC from Circle and transferred it to exchanges since February tenth. Of their newest put up, Lookonchain made an attention-grabbing remark about these transactions.

ETH Worth (Supply: coin market capitalization)

In response to the put up, the fund stopped withdrawing funds from Circle on February 16. That is very attention-grabbing as a result of the value of ETH additionally stopped growing after this occurred.

Disclaimer: Opinions and opinions, in addition to all data shared on this pricing evaluation, are introduced in good religion. Readers ought to do their very own analysis and due diligence. Readers are strictly accountable for their very own actions. Coin Version and its associates will not be accountable for any direct or oblique damages or losses.


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