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After Dumping $300M in Ethereum, Jump Trading Could Sell This Crypto Next

source-logo  coingape.com 13 August 2024 17:31, UTC

Ethereum, the second-largest cryptocurrency, recently experienced one of its most decisive crashes from late July to early August. Along with a broader market correction, the selling pressure is likely attributed to Jump Trading dumping more than $300M worth of ETH. Following this liquidation, Ether price plunged to a low of $2,112 on August 5th.

coingape.com