- 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.
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. .
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.
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.
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