Whale holding $5.6B in ETH is selling, dumps $88M in 15 hoursCointelegraph08-13Ethereum whale group “7 Siblings” has sold $88.2 million in ETH within 15 hours as short-term traders lock in profits.Sector:Layer 1Smart ContractsSourceDisclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.LikeAdd to Favorites CommentsShareRelevant contentAll-in stationA Bithumb exchange employee accidentally 'gifted' 2,000 Bitcoin to a user, causing the price of BTC on the exchange to suddenly drop by 10%.BTC2.79%BlockchainreporterBitcoin Price Plummets on Bithumb after Staff Error Transfers 2,000 $BTCBTC2.79%BlockTempoArthur Hayes speculates that the reason for the BTC crash is "institutional hedging operations": IBIT options saw a surge of $900 million.BTC2.79%
Whale holding $5.6B in ETH is selling, dumps $88M in 15 hoursCointelegraph08-13Ethereum whale group “7 Siblings” has sold $88.2 million in ETH within 15 hours as short-term traders lock in profits.Sector:Layer 1Smart ContractsSourceDisclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.LikeAdd to Favorites CommentsShareRelevant contentAll-in stationA Bithumb exchange employee accidentally 'gifted' 2,000 Bitcoin to a user, causing the price of BTC on the exchange to suddenly drop by 10%.BTC2.79%BlockchainreporterBitcoin Price Plummets on Bithumb after Staff Error Transfers 2,000 $BTCBTC2.79%BlockTempoArthur Hayes speculates that the reason for the BTC crash is "institutional hedging operations": IBIT options saw a surge of $900 million.BTC2.79%