Ethereum

Billion

<p>The post <a href="https://coinpedia.org/crypto-live-news/2-billion-ethereum-being-moved-from-dormant-wallets-china-dumping-eth/" rel="noopener noreferrer nofollow">$2 Billion Ethereum Being Moved From Dormant Wallets, China Dumping ETH?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>A crypto educator and influencer account on X has alerted that “China is Dumping ETH”. As per data from lookonchain, possibly 789,533 ETH worth $2 billion, is being transferred from dormant wallets inactive for 3.3 years. Notably, these funds are coming from the Plus Token Ponzi 2. Chinese police had seized $4.2 billion worth of cryptos from the PlusToken Ponzi crackdown in 2020. The post also shared the total of the various cryptocurrencies that have been seized by Chinese law enforcement. It looks like now Chinese authorities are planning to dump their crypto holdings.</p>

$2 Billion Ethereum Being Moved From Dormant Wallets, China Dumping ETH?

CoinPedia News

Other articles published on Aug 7, 2024

Stop The Rot, Can’t Stop The Rot: PEPE and DOGE Down Hundreds Of Millions In Value But Rollblock ...

Dogecoin Whales Turn Their Focus to Mpeppe For Its Utility And Profits

California Strengthens Bitcoin ATM Regulations

James Fickel Makes Significant Crypto Purchases

Streamlining Project Deployment in the Blockchain Industry in 2024

JITO Foundation Releases Code for Jito Restaking on Solana

Join our free newsletter for daily crypto updates!