Heavy transfer of Ethereum to Coinbase exchange
According to the Adonis Network's news, quote statistics websites, a few hours ago more than 40 million dollars of Ethereum were transferred from a wallet to the Coinbase exchange, and this issue raised many doubts regarding the market situation because an unusual transfer of significant digital currencies From wallet to exchanges is usually a bearish signal. Most traders keep their valuable digital currencies on a hardware wallet, and when such amounts go to exchanges, it is basically an indication of their sale and a bearish signal. Of course, according to experts, sometimes such behaviour is to mislead traders and is just a fake transfer.
To Read More about Crypto Updates Join Our Communıty :