Ether (Eth) fell into a two -year -old man this week and volatility appears to be overwhelming for a long holder, selling most of their stash obtained around $ 8 in 2016.
On-chain data It is shown that the purse in question changed 14,015 ETH for $ 22 million USDC over a 15-hour period in the decentralized uniswap exchange.
Investors also sold 6,630 ETHs in May 2022 and 4,035 ETHs in June 2023 – each time in a major market sinking.
This time was no different from ETH that just fell from a cycle of $ 4,000 in December. They still hold 521 ETHs worth $ 830,000.
The ETH is rebounding in accordance with the broader market on Thursday, currently trading at $ 1,598 up 8.2% in the past 24 hours. Trade volume also increased 25% to $ 33 billion while the optimization was creeping into the market following the decision of US President Donald Trump to pause tariffs within 90 days.
