Earlier this month, TrustNodes reported that EOS spent around $950 mln in ETH over the previous 30 days, according to a third party analysis of data from crypto data feed Santiment. Today, TrustNodes writes that around 180,000 ETH was traded in one hour on Bitfinex, as opposed to the 20,000 ETH per hour usually recorded by Bitfinex and exchanges GDAX and OKEx.
TrustNodes suggests that EOS is the party trading the large amount of ETH, as they note that EOS has spent $1 mln in ETH four days ago, and today the number is raised to around $1.4 mln.
Etherscan shows that wallet address marked as EOSCrowdsale still has around 200,000 ETH, and wallet address marked EOS-Owner around 916,000, together equaling over 1.1 mln ETH.
According to data from CoinMarketCap, Bitfinex has traded in around $238 mln in ETH over a 24 hour period at press time, while OKEx is less than half of that at around $104 mln, and Huobi at around $98 mln.
Source : https://cointelegraph.com/news/ethereums-price-drop-possibly-due-to-large-eth-sell-off-by-eos-report-says
what are your thoughts on the recent huge drop in the price of Ethereum lets get a discussion going.
The information above was from the site listed we did not write those statements.
4 billion has reached by the team to develop a crap blockchain with common spesification. I can do that to create a new one for free lol
That doesn't make sense to create a blockchain with 4 billions.
Ether only need 16 millions to create a big ecosystem right now.