150,000 ETH on the Move: Unpacking Ethereum’s Market Impact

Author: Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

May 8, 2024 13:46

Ethereum witnessed a surge in price as many coins were moved to and from crypto exchanges in the last 24 hours, leading to speculation in the crypto community. Massive dumps and accumulations have left the market with mixed sentiments, as the Blockchain tracker Whale alert saw 151,193 ETH shift while Smart Money deposited 1700 ETH into the Coin base. ETH has been down by 1.85 % in the last 24 hours, and its price trajectory is unsettled.