ETH price drop
-
Whales Dump $745M in Ethereum! Is This the End of ETH’s Bull Run?
- September 7, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
No CommentsEthereum (ETH) is currently grappling with a series of setbacks, including a significant price decline and the closure of prominent Ethereum-related investment products. As of September 2024, Ethereum’s price has dropped below $2,350, facing pressure from both macroeconomic factors and substantial on-chain activity. VanEck Shuts Down Ethereum Strategy ETF One of the major developments affecting
-
Whales Awaken and ETFs Flee: Ethereum’s Struggle to Hold the Line at $2,600
- August 27, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
Ethereum, the world’s second-largest cryptocurrency, has recently seen its price drop to $2,600, reflecting growing concerns among investors. This decline comes amid a significant outflow from Ethereum ETFs, geopolitical tensions, and renewed whale activity, which have collectively put downward pressure on the market. ETF Outflows Signal Weakening Confidence In the past few weeks, Ethereum exchange-traded