Ethereum ICO participant has sold $14 million in ETH, triggering potential market downtrend.

Oct 7, 2024 Oct 7, 2024

The participant sold 6,000 ETH, totaling 40,000 ETH sold since September 22, valued at $101 million.

[{"selector":"#anim-6afa1501-0cb1-4de4-b2c6-9465565235d2","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8fce4e7d-d429-4b82-bc0e-4522cf4e893c","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f96903c4-5d21-49a6-8a33-0ce0f01187db","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0017f78f-534e-46ad-b341-5211b43fb3f3","keyframes":{"transform":["rotate(-90deg) translate3d(0px, 50.32978%, 0) rotate(90deg)","rotate(-90deg) translate3d(0px, 0px, 0) rotate(90deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-be8c9171-d646-4b2c-9684-183c41dcd0b4","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-97a280f7-603e-4a7d-9a4e-f75b04740dcf","keyframes":{"opacity":[0,1]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5177e868-f710-4abd-a5d4-b2faaa6d236d","keyframes":{"transform":["translate3d(-1007.89479%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Arrow

Despite the selloff, ETH price surged over 5% in the past 24 hours, showing resilience in the market.

[{"selector":"#anim-a91d10de-c3bc-4333-91e1-ec60a18b32ee","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1c356909-d6d3-4e2a-898a-694f4a1cfd91","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4e42ea4f-38d2-4c73-bb26-e352ee5d5669","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-60fa9146-3b5d-4fa8-8eb5-8159506ced67","keyframes":{"transform":["rotate(-90deg) translate3d(0px, 50.32978%, 0) rotate(90deg)","rotate(-90deg) translate3d(0px, 0px, 0) rotate(90deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-97f09bf6-e24d-45b0-b962-1433a5a2a322","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c87d32e9-5eab-4452-aac6-310e50fa7564","keyframes":{"opacity":[0,1]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c2b1c518-2c8a-4c3c-82b5-68a433816ae2","keyframes":{"transform":["translate3d(-1007.89479%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Arrow

Ongoing liquidations raise concerns about ETH price stability, especially amid uncertain macroeconomic conditions.

[{"selector":"#anim-070ffc88-57da-4433-93fe-5fcc4f91a10b","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e48e93a2-9a46-4325-846c-325da7b8bb00","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-26f24c0b-20df-4917-b76b-c3eb86707113","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6f529c91-9a8b-46b9-8fb2-a6358ba8d07a","keyframes":{"transform":["rotate(-90deg) translate3d(0px, 50.32978%, 0) rotate(90deg)","rotate(-90deg) translate3d(0px, 0px, 0) rotate(90deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-12c85c39-ea0a-4fdd-bc46-b743cc7fd92a","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e7b51ed8-3bee-4071-8541-6cc04405d05c","keyframes":{"opacity":[0,1]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a68533e5-2364-4675-8780-2147145f2395","keyframes":{"transform":["translate3d(-1007.89479%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Arrow

Lower U.S. unemployment data cuts rate cut chances, raising bearish sentiment in crypto.

[{"selector":"#anim-c5d6aef5-47df-4abe-a301-05beb51ca541","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6f96436f-e412-4f5e-8df6-ceb42ca10e09","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-75e1a933-ed11-4e32-a8d8-ca91953b49b3","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f5012256-59e4-420d-9dd7-85307e66b963","keyframes":{"transform":["rotate(-90deg) translate3d(0px, 50.32978%, 0) rotate(90deg)","rotate(-90deg) translate3d(0px, 0px, 0) rotate(90deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a4dec8ec-2249-4fe7-aec6-32753e62e1f1","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3c531ddf-eb3c-43d8-9d28-30652bc3794a","keyframes":{"opacity":[0,1]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5d226a23-175b-4ec9-99fa-aa4b1790f5b3","keyframes":{"transform":["translate3d(-1007.89479%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Arrow

GET MORE INSIGHTS ON ETH TODAY

[{"selector":"#anim-3188c8e6-26f4-4411-b62e-db44a3dd0ba6","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c5dabd8b-6bf9-4320-8b6a-cfc2bcf4de6e","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a11dfda4-1374-4c63-82bc-99c1671a50de","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1c63b583-c0ae-4d11-8bfe-c0ec3dde437a","keyframes":{"transform":["translate3d(49.99990%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2e149c61-efff-4930-bb24-786a9ec6a50d","keyframes":{"opacity":[0,1]},"delay":100,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d6ad81f8-f99e-4434-bf2e-a031dc5f27ba","keyframes":{"opacity":[0,1]},"delay":1250,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-241223ca-0b04-49e6-9e53-dc632a2736f0","keyframes":[{"offset":0,"transform":"translate3d(0, -656.98007%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -184.742795684%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -62.807294692%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -23.585584513%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -10.248889091999999%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":250,"duration":1500,"fill":"both"}] [{"selector":"#anim-e3cf82fa-5897-4efc-a759-dc4e065f5233","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Cryptocurrency News Stay Tuned For Latest