Ethereum whale about to liquidate his positions as ETH has plunged by 8% overnight
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This week, since Monday, the second largest meme cryptocurrency, Ethereum, has staged a decline of a whopping 10.42% as it has slumped from the $3,500 zone to the $3,150 mark, where it is changing hands right now. Ethereum has been following the recent price decline of the flagship cryptocurrency, Bitcoin, which has been going down heavily since Monday. Analyst Charles Edwards published a tweet, in which he shared that the Bitcoin price keeps going down as major players continue to dump Bitcoin. Mostly, these are miners who are selling freshly mined BTC and their old Bitcoin reserves.
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