FTX Crypto, Pi Network News, Crypto Market Crash
March 11, 2025 06:20:11 UTC
Ethereum Whale Moves Millions Amid Market Decline
An Ethereum whale, a long-time holder since its ICO, made headlines by moving 7,000 ETH valued at $13.8 million to Kraken. The transfer occurred as Ether’s price dropped to $1,760 amid U.S. recession fears, triggering volatility. Analysts say large exchange inflows typically signal plans to liquidate or use the crypto as collateral for derivatives trading. Despite the sale, the whale still holds 30,070 ETH worth over $50 million.
March 11, 2025 05:54:09 UTC
Cathie Wood: Final Stage of Rolling Recession Could Spark Deflationary Boom
Cathie Wood stated that the market is now absorbing the final stage of a rolling recession. She believes this situation will offer…
