Address 58bro.eth deposited 3,000 ETH to an exchange, with an unrealized loss of around $570,000 over 5 days.
The news may be making waves, but without large orders coming in, it’s just a passing bout of sentiment.
The news is somewhat negative, but whether people are overreacting will become clear over the next few hours.
$ETH is currently trading at 2,488.03, with 24-hour trading volume of $875 million.

Stay rational and manage your position size.