Whale Movements and ETH Price The recent whale movements in the Ethereum market have sparked concerns among investors and traders. As per the latest data, whales have transferred a whopping $60 million worth of ETH to popular exchanges Binance and Coinbase. This sudden shift in large amounts of ETH to exchanges has raised worries over the future price of the second-largest cryptocurrency by market capitalization. Potential Slump Ahead for ETH The whale movements to Binance and Coinbase have sparked speculations of a potential slump in Ethereum's price in the coming days. This is because when whales offload large amounts of a particular crypto, it usually leads to a temporary dip in the price. The fact that these whales have chosen two popular exchanges for their transactions has further fueled concerns among investors. Impact on the Crypto Market The recent whale movements in the Ethereum market have not only raised concerns for ETH holders, but they have also affected the ...
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