A whale who received 1M $ETH in #Ethereum ICO at a price of $0.31 deposited 5,000 $ETH($13.2M) to #OKX again 12 hours ago.
Bitcoin struggles under $60,000 on Monday, $46 million in derivatives positions liquidated in the last 24 hours. Ethereum attempts to recover from the recent crash, back above $2,600 at the time of writing. XRP rallies nearly 4% and eyes recovery to $0.60, a psychologically important level for the altcoin. Arbitrum, Sandbox, Starknet, and Avalanche face over $100 million in token unlocks this week. Bitcoin , Ethereum , XRP update Bitcoin trades at $59,440 at the time of writing.
Industry updates Data from IntoTheBlock shows 66% of the wallet addresses holding Ethereum are currently profitable and most ETH holders are sitting on unrealized losses even with the recent market crash. Just 66% of Ethereum addresses are currently in profit. Last week's market downturn significantly impacted Ethereum, pushing many holders into the red. The last time we saw a similar percentage of profitable holders was in October 2023, when Ethereum was trading around $1,800. pic.twitter.
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