Abro110
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$SOL #Ethereum #ETHaleart #ETH🔥🔥🔥🔥🔥🔥
Galaxy Digital, managed by Mike Novogratz, has significantly intensified its asset selling, transferring 12,500 Ethereum (ETH) worth $20.09 million to Binance on April 17, adding to a total of 62,181 ETH sold in just six days, valued at approximately $99.4 million. This trend has contributed to broader bearish sentiment in the Ethereum market, despite ETH's recent recovery from below $1,400.
The asset manager's OTC wallet also executed transactions involving USDT and USDC, alongside previous transfers of $100,000 in USDC and Avalanche (AVAX). Currently, the wallet retains 231 ETH and about $4 million in DAI.
Additionally, Ethereum whales are joining the sell-off movement, with significant transfers noted from dormant accounts. These sell-offs reflect a growing uncertainty in the market, with Ethereum facing over a 52% year-to-date price correction.
Translate into Urdu
Galaxy Digital, managed by Mike Novogratz, has significantly intensified its asset selling, transferring 12,500 Ethereum (ETH) worth $20.09 million to Binance on April 17, adding to a total of 62,181 ETH sold in just six days, valued at approximately $99.4 million. This trend has contributed to broader bearish sentiment in the Ethereum market, despite ETH's recent recovery from below $1,400.
The asset manager's OTC wallet also executed transactions involving USDT and USDC, alongside previous transfers of $100,000 in USDC and Avalanche (AVAX). Currently, the wallet retains 231 ETH and about $4 million in DAI.
Additionally, Ethereum whales are joining the sell-off movement, with significant transfers noted from dormant accounts. These sell-offs reflect a growing uncertainty in the market, with Ethereum facing over a 52% year-to-date price correction.
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