• 01 September, 2024
Altcoin News

Jump Trading Sells $29M Ether; Is the Market Bottom Near?

Jump Trading continues to sell Ether, offloading $29M worth and holding $63M more in Wrapped Lido Staked ETH (wstETH). As the market maker's selling pressure wanes, the Ethereum bottom could be approaching. Despite recent lows, increased ETF demand might drive a rebound, signaling potential bullish trends.

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