Analysis: The whale who sold over $4.23 billion in BTC for ETH is suspected to be Garrett Jin, a former executive of an exchange.

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Whales have accumulated 130 million DOGE tokens worth $32 million since early October, yet exchange balances hover at 17.7% of total supply, echoing past peaks that triggered sharp corrections.  As a result, Dogecoin, which had just posted a 7% weekly return, has now lost it in a 24-hour 7% crash, as has a larger crypto

The post Ethereum’s Potential Rise: Insights and Market Moves appeared on BitcoinEthereumNews.com. In the wake of a significant price decline, Ethereum is drawing renewed attention with growing speculative interest. Fundstrat’s technical strategy director, Mark Newton, suggests that Ethereum might soon find its short-term bottom, with projections of a potential climb to $5,500. Continue Reading:Ethereum’s Potential Rise: Insights and Market Moves Source: https://en.bitcoinhaber.net/ethereums-potential-rise-insights-and-market-moves