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via Cointelegraph · By Cointelegraph Staff
Ethereum OG Dumps $136M ETH: Will it Push Ether’s Price Lower?
ETH
ETH/USDT
$1,880.82
+0.06%
$1,880.82
+0.06%
(24s)24h Volume
$1,618,777,935.53
24h H/L
$1,886.58 / $1,877.01
Change: $9.57 (0.51%)
Long/Short
66.9%
Long: 66.9%Short: 33.1%
Funding Rate
+0.0047%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(03:44 PM UTC)
1 min read
An early Ether (ETH) investor sold their ETH holdings over the past week as the price headed toward $2,000, sparking fears of further losses. However, onchain data tells a different story as traders speculate where ETH/USD might bottom.
Key takeaways:
- An early Ethereum whale sold $136 million in ETH, adding pressure as Ether trades below the $2,000 level.
- Onchain data shows no evidence that older…
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