getblock.net
12 May 2022 14:31, UTC.
Reading time: ~2 m
This was the highest reading since January 21, 2022.
What happened? On May 11, big investors made a total of 2,596 transactions with Ethereum, each valued at $1 million or more. This was the highest since Jan. 21, 2022, analyst firm Santiment reports.
Source: Twitter.com
As of May 12 at 5:05 p.m. Moscow time, ETN is trading at $1,914, having lost 18% in 24 hours, according to Binance. Its total capitalization is $230.5 billion, according to CoinMarketCap.
What events have happened previously? On May 10, Santiment reported that about 40,620 BTC ($1.27 billion) were sent to crypto exchanges overnight. This inflow of funds to the platforms was the largest since December 2019.
In early May, it was revealed that addresses of Cardano investors owning between 1 million and 10 million ADA had been actively accumulating funds over the previous five weeks. In total, large investors added 196 million ADA to their wallets. According to Santiment analysts, this was preceded by a 7-month period when holders got rid of the asset.
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