Hacker dumps 30,000 $ETH ; the altcoin’s exchange balance hits a three-month high

A hacker dumped nearly 30,000 $ETH in the early hours, worth approximately $1.106 million. According to Glassnode, the altcoin’s exchange balance has reached a three-month high, while on-chain activity has surged. Exchange balances continue to decline, and selling pressure remains unabated.

Data source: Glassnode

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