Cryptocurrency News

Ethereum sell-off fears rise as crypto hedge fund moves $60M ETH to an exchange

05/30/2022

Less than a minute

2022.05.30 23:05

Ethereum sell-off fears rise as crypto hedge fund moves $60M ETH to an exchange

Ethereum’s native token Ether (ETH) rose by more than 5% to reach its intraday high above $1,930 on May 30. Nonetheless, the ETH/USD pair risks facing another sell-off round due to concerns about a massive ETH inflow into an exchange.

On May 30, the Ether address allegedly associated with Three Arrow Capital — a Singapore-based crypto hedge fund, sent 32,000 ETH worth $60 million to the FTX crypto exchange within a span of an hour, on-chain data shows.

05/30/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 103,877.83 2.55%

Ethereum (ETH) $ 3,863.32 2.04%

Tether (USDT) $ 1.00 0.00%

XRP (XRP) $ 2.44 6.69%

BNB (BNB) $ 713.04 2.11%

Solana (SOL) $ 216.49 3.80%

Dogecoin (DOGE) $ 0.383941 4.15%

USDC (USDC) $ 1.00 0.11%

Lido Staked Ether (STETH) $ 3,849.54 2.43%

Cardano (ADA) $ 1.02 5.43%

TRON (TRX) $ 0.272193 4.86%

Avalanche (AVAX) $ 46.33 6.02%

Chainlink (LINK) $ 27.35 1.06%

Wrapped stETH (WSTETH) $ 4,589.47 2.01%

Shiba Inu (SHIB) $ 0.000026 4.77%

the-open-network

Toncoin (TON) $ 5.70 4.41%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 103,604.76 2.42%

Sui (SUI) $ 4.58 2.61%

Stellar (XLM) $ 0.421272 4.84%

Polkadot (DOT) $ 8.20 5.36%

hedera-hashgraph

Hedera (HBAR) $ 0.293547 4.40%

WETH (WETH) $ 3,863.61 1.98%

Bitcoin Cash (BCH) $ 516.91 3.06%

Uniswap (UNI) $ 15.59 2.24%

LEO Token (LEO) $ 9.68 1.16%

Pepe (PEPE) $ 0.000021 7.16%

Litecoin (LTC) $ 116.20 0.04%

Hyperliquid (HYPE) $ 24.71 7.81%

NEAR Protocol (NEAR) $ 6.14 9.75%

Wrapped eETH (WEETH) $ 4,061.27 2.32%

Aptos (APT) $ 12.83 3.57%

Ethena USDe (USDE) $ 1.00 0.03%

Bitget Token (BGB) $ 4.16 8.36%

internet-computer

Internet Computer (ICP) $ 11.89 4.03%

Aave (AAVE) $ 368.73 1.14%

USDS (USDS) $ 1.00 0.02%

crypto-com-chain

Cronos (CRO) $ 0.185659 4.01%

Ethereum Classic (ETC) $ 31.50 4.12%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.547661 6.04%

VeChain (VET) $ 0.054085 6.02%

Render (RENDER) $ 8.31 5.63%

Artificial Superintelligence Alliance (FET) $ 1.58 3.47%

Monero (XMR) $ 220.45 0.95%

Mantle (MNT) $ 1.17 4.11%

Arbitrum (ARB) $ 0.93452 3.66%

Bittensor (TAO) $ 522.69 1.45%

MANTRA (OM) $ 4.08 4.67%

Filecoin (FIL) $ 6.06 5.61%

WhiteBIT Coin (WBT) $ 24.98 1.67%

Kaspa (KAS) $ 0.137492 2.99%