Bitcoin (BTC) $80,323.01 3.46%
Ethereum (ETH) $2,417.40 5.58%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 95.677759 3.16%
Chainlink (LINK) $11.50 4.46%
Cardano (ADA) $0.20 3.23%
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Dogecoin (DOGE) $0.00 6.63%

Cryptocurrencies: 30359

Markets: 109462

Market Cap: $2,684,739,922,049

24h Vol: $86,906,388,276

Coin Edition

2023-02-09 11:29:40

Mysterious Crypto Whale Pumps Ethereum With 1 Billion USDC

Mysterious Crypto Whale Pumps Ethereum With 1 Billion USDC

A mysterious fund has been influencing the price of Ethereum over the past two months. The fund is essentially a USDC whale that withdraws hoards of USD Coin from Circle and converts it into USD Tether (USDT). The USDT is then sent to several exchanges and subsequently floods the crypto market. According to on-chain analytics The post Mysterious Crypto Whale Pumps Ethereum With 1 Billion USDC appeared first on Coin Edition .

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