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

在 2024年7月1日發表的其他文章

Tether’s USDT Now Accepted for Philippine SSS Contributions

Ripple CEO Discusses Potential XRP ETF, Boosting XRP Price

Solana vs. Ethereum: Assessing how DEX volume has impacted SOL, ETH

Bitcoin (BTC) Faces Strong Volatility On Divergent US PMI Data

BTC Surges Past $62,500 Mark

Bybit Launches Reward Program After Reaching No. 2 Spot

訂閱免費電子報，每天收取加密貨幣最新動態！