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cryptonews

2022-11-21 10:29:00

Ethereum Price Prediction as FTX Hacker Begins Dumping $200 Million ETH Holdings

Ethereum Price Prediction as FTX Hacker Begins Dumping $200 Million ETH Holdings

The Ethereum price has dropped by 7.5% in the past 24 hours, as proceeds from last week's FTX 'hack' have begun being dumped on the market. As of writing, the address associated with this breach continues to hold over 200,000 ETH (worth more than $223 million), suggesting that the price of the second-biggest cryptocurrency may continue to experience strong downward pressure in the coming weeks.... Read More: Ethereum Price Prediction as FTX Hacker Begins Dumping $200 Million ETH Holdings

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