Ethereum

<p>The post <a href="https://coinpedia.org/crypto-live-news/us-govt-transfers-12m-ethereum-bitcoin-like-selloff-coming-up/">US Govt Transfers $12M Ethereum, Bitcoin-Like Selloff Coming Up?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The US government has transferred a massive $12M worth of Ethereum, sparking speculations of a sell-off like Bitcoin. The transfer comes ahead of the much-awaited spot Ethereum ETF approval. It transferred 3,375 Ethereum, valued at approximately $11.75 million, to an unidentified address on Monday. The movement of a substantial amount of Ethereum has led to concerns that the US government might be preparing to capitalize on the Ether ETF S-1 approval news. If the government sells its Ethereum holdings, it could adversely affect the ETH price like Bitcoin.</p>

US Govt Transfers $12M Ethereum, Bitcoin-Like Selloff Coming Up?

CoinPedia News

Alte articole publicate pe 1 iul. 2024

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