The Ethereum network (ETH) has been on the edge. Several assets in recent months were seen registering new peaks, but ETH was still struggling to regain its current highest time. In the midst of this, the Ethereum Foundation continued to sell more tokens. When society saw the drama reveal in the network, the largest altcoin slipped down to $ 3,000.
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Ethereum’s balance measure
The last drop caused chaos on the market. The total number of long liquidations in the last 24 hours increased to a high of $ 110.25 million. In addition, $ 11.27 short positions were liquidated.
Ethereum Foundation has continued to sell ETH from the Treasury despite leadership disputes and community printout. The company is now sale Another 100 eth after the Cryptocurrency market saw steep price declines in the morning.
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Will Altcoin fall below $ 3,000?
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