Q: An Ethereum IC0 whale transferred 3,000 ETH to exchanges and moved more than $100 million in stablecoins within 24 hours. What impact could this have on the market?
A: On the surface, it’s somewhat negative, but whether the news has already been priced in depends on how prices moved over the past few days. News is news, and candlesticks are candlesticks: until the trend changes, don’t let a single headline sway you.
$ETH , up 0.97% on the day.
#ETH
A: On the surface, it’s somewhat negative, but whether the news has already been priced in depends on how prices moved over the past few days. News is news, and candlesticks are candlesticks: until the trend changes, don’t let a single headline sway you.
$ETH , up 0.97% on the day.
#ETH
