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Dormant Wallet’s $2B ETH Shift Creates Market Panic: What’s Happening?

By

Nausheen Thusoo

1y agoen

Source

BanklessTimesDormant Wallet’s $2B ETH Shift Creates Market Panic: What’s Happening?banklesstimes.com
Snippet from the RSS feed
ETH or Ethereum prices dwindled on Wednesday after a dormant wallet moved ETH worth $2 billion. Possible market pressure was created after hundreds of wallets connected to the $4.2 billion PlusToken Ponzi scheme were seized and started transferring thousands of ether (ETH). At the press time, Ethereum was trading at $2,438.02, down over 1.2%. On-chain […] The post Dormant Wallet’s $2B ETH Shift Creates Market Panic: What’s Happening? appeared first on BanklessTimes .

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