According to Lookonchain, whales are stockpiling ETH after the price of ETH fell in the early morning. In the past 7 hours, a whale created a new wallet and withdrew 5,160 ETH (~ $20 million) from Binance at an average price of $3,888.
According to PeckShield, after the bitcoin price fell to about $94,150 this morning, a long bitcoin address suffered liquidation, losing 44.64 WBTC, worth about $4.34 million.
Due to the unfavorable PMI report, global stock markets fell, and the XRP price fell below a key support level on September 6. Meanwhile, Ripple Chairperson Chris Larsen and 87 other businesspeople supported Vice President Kamala Harris for the presidency, a move that confused most users as the Biden-Harris administration has been hostile to cryptocurrencies through the Securities Exchange Commission (SEC). The analysis believes that these have made the overall trend of XRP price bearish, and th...