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via The Block · By The Block Editorial

Standard Chartered says Strategy's bitcoin sale may mark start of ETH outperformance

ETH

ETH/USDT

$1,657.78

-6.15%

$1,657.78

-6.15%

(24s)

24h Volume

$12,249,523,486.21

24h H/L

$1,779.90 / $1,635.65

Change: $144.25 (8.82%)

Long/Short

78.0%

Long: 78.0%Short: 21.9%

Funding Rate

-0.0073%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,662.00

▼ -3.83%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,759.37

Resistance 1$1,708.95

Price$1,662.00

Support 1$1,615.03

Support 2$1,505.68

Support 3$1,244.77

Pivot (PP):$1,677.97

Trend:Downtrend

RSI (14):36.7

The Block Editorial

(01:55 PM UTC)

1 min read

Verified byJames Mitchell

796 views

0 comments

Strategy's recent bitcoin sale may mark the start of ether outperforming bitcoin, according to Standard Chartered Bank.

Strategy disclosed Monday that it sold 32 bitcoin during the last week of May, a tiny fraction of the 843,706 bitcoin it still holds. While the amount sold was "ridiculously small," the market reaction was telling, Standard Chartered Bank's Global Head of Digital Assets…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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