POAP founder dumps 8,000 ETH in 6 days
- Transferred another 4,000 ETH to Gemini 6 hours ago, worth about $10.02 million
- Sold a total of 8,000 ETH over 6 days, worth about $20.81 million
Still holds 51,468 ETH, worth $129 million. These are old holdings acquired at a very low cost, so dumping them doesn’t hurt.
The exchange inflows speak for themselves: short-term pressure is obvious. If you’re holding ETH, are you trimming your position here or getting ready to buy the dip? Reply 1 if you’re bearish, 2 if you’re bullish.
$ETH $ARB $OP #Ethereum
- Transferred another 4,000 ETH to Gemini 6 hours ago, worth about $10.02 million
- Sold a total of 8,000 ETH over 6 days, worth about $20.81 million
Still holds 51,468 ETH, worth $129 million. These are old holdings acquired at a very low cost, so dumping them doesn’t hurt.
The exchange inflows speak for themselves: short-term pressure is obvious. If you’re holding ETH, are you trimming your position here or getting ready to buy the dip? Reply 1 if you’re bearish, 2 if you’re bullish.
$ETH $ARB $OP #Ethereum