![Ethereum [ETH]: To avoid being a part of exit liquidity, read this](https://i.headtopics.com/images/2022/11/16/cryptoamb/ethereum-eth-to-avoid-being-a-part-of-exit-liquidi-ethereum-eth-to-avoid-being-a-part-of-exit-liquidi-1592933768872218624.webp)
Ethereum whales begin coin distribution as alt’s price continues to fall. Most ETH holders have held at a loss since the FTX collapse, and investors have since lost conviction of any positive price growth in the interim. As the general cryptocurrency market makes an attempt to recover following FTX’s sudden collapse, top whale addresses holding […]
revealed that ETH addresses holding more than 100,000 ETH coins have collectively dropped their holdings since 4 November.
Interestingly, as the alt’s price fell, on-chain activity revealed that coin accumulation climbed. According to data from As of this writing, the count of these addresses sat at 1.69 million, having grown by 5% in the last 12 days. While this is notable, it might not be enough to effectively prop up the alt’s price amid the general decline in the cryptocurrency market.With worsening conditions in the broader cryptocurrency market, negative sentiment continued to trail the leading alt. At press time, ETH’s weighted sentiment was -0.57.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ethereum: Before you make that bull call on ETH, read thisTop Ethereum whales were accumulating in a style that could lead the altcoin king to a price correction Based on the price-DAA divergence, ETH was far from being undervalued. Hence, the assumption could be valid The recent market turbulence ensured that crypto prices faced a downturn, from which Ethereum [ETH] was not exempted. However, investors who […]
Read more »
Lido Finance: A-Z of how the liquid staking platform fared in the last 2 weeksLido Finance recorded an all-time high for its Ethereum staking APR. This was due to a spike in MEV rewards on the liquid staking platform. The collapse of FTX led to a drop in TVL and Curve reserves on Lido Finance Leading Ethereum [ETH] staking platform Lido Finance [LDO] clinched an all-time high of 10.21% […]
Read more »
Ontario Teachers' Pension Plan invested US$95M into failing crypto platform FTXThe Ontario Teachers\u0027 Pension Plan says it invested US$95 million into failing cryptocurrency exchange platform FTX Trading.
Read more »
BlockFi facing bankruptcy, layoffs from FTX exposure: report(Kitco News) - Crypto lender BlockFi is now preparing a bankruptcy filing after halting customer withdrawals last week, and it has confirmed “significant exposure” to FTX, according to a report from the Wall Street Journal on Tuesday afternoon.
Read more »
A lot of oversight of teachers' pension fund despite possible FTX loss: Ontario governmentThe province is OK with oversight of the teachers\u0027 pension plan, despite a possible loss from investing in a failing cryptocurrency company.
Read more »
Bitcoin, FTX, and impact of the exchange’s collapse on BTC HODLer convictionBitcoin’s price was gravely impacted by the failure of FTX. On-chain metrics suggested a shift in HODLer’s behavior. The sudden collapse of Sam Bankman-Fried’s crypto empire left the general cryptocurrency dealing with significant losses. The effects of the events between 6 -14 November 2022 could be compared to the collapse of Mt Gox in 2012. […]
Read more »