Ethereum ICO Whale Dumps 7K ETH After $60 Million Selloff by Institutions

Despite a considerable upside momentum taken by Ethereum today, July 1, an ICO whale has moved substantial amounts of its holdings to a centralized exchange. A whopping 7K coins were recorded to be dumped amid $60 million weekly outflows in Ethereum, per data by CoinShares. Further, Ethereum has recorded the largest outflows since August 2022, The post Ethereum ICO Whale Dumps 7K ETH After $60 Million Selloff by Institutions appeared first on CoinGape .

Source: CoinGape