The Whales Of Ethereum ICO Can Crash The Whole Cryptocurrency Market At Any Time. Generally, The wealthy traders who can almost create a catastrophic fall or raise in the crypto market via single sell order are known as whales. Most of the whales are not yet traders but ICO’s who hold millions of Ethereum coins which is worth almost billions of dollars. According to some researches almost 3% of Ethereum is in the hands of the ICOs. What if they withdraw the amount of coins or what if they sell all there coins it will effects a dramatic fall for Etherum. There will be huge fall for the Ethereum price if the whales sells or withdraws there coins.

On the date of 18th march 2018 Ethereum has taken a huge dip while other cryptocurrencies are trying to get out from the endure. Ethereum price has gone to 464$ from 516$ only under two hours. It was a huge drop for the price of Ethereum in small amount of time.

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