Post
Topic
Board Altcoin Discussion
Re: Ethereum co-founder Secretly Sold $11M Worth of ETH on Christmas Day! Got Outed!
by
raes
on 28/12/2019, 16:36:24 UTC
I don't think so. He has only been moving his ETH for the past few days, and the price of ETH has started to decline since 2 months ago. So I think it has nothing to do with each other, the decline in ETH price was due to Bitcoin's decline and it caused the entire altcoin to fall with it. And with the amount of ETH like this I don't think it will affect the price much, just a small amount compared to the whales.
yes, this is just a market problem that has not been supportive of upward movement. if indeed it had an impact, of course, ethereum prices would be far worse than current market prices. I did not expect that to happen. because if there are people who move their money and get out of ethereum in great value it will affect the price of ethereum in the market.