Ethereum is flashing a $478 million buy signal but top traders still expect it to fail
Ethereum has recorded $478 million in net exchange outflows over the last 7 days, a pace running roughly five times above average and the kind of supply-side move traders typically read as accumulation, according to Nansen. Nansen's data complicates that reading, as top-PnL wallets sold a net $64 million over the past seven days, and […] The post Ethereum is...
Coins in this story
Related stories
A bitcoin wallet dormant since the 2017 peak just moved $383 million
The coins went to a fresh address rather than an exchange, so nothing has been sold yet....
Two Groups of bitcoin Investors sell on the rise as U.S. inflation lifts prices to nearly $65,000
Bitcoin surges toward $65,000 on softer-than-expected inflation data, but on-chain signals show two key investor groups selling into the bounce....
Tether invests $20 million in Argentine neobank Ualá as it expands Latin America push
Ualá’s CEO clarified Tether is acting solely as a financial investor, citing current regional regulations preventing any immediate USDT integration....