The wallet of the perpetrator of the FTX hack, identified as 0x3e957, has recently been activated and contains a substantial sum of $16.75 million in ETH tokens. Two separate transactions of 2,500 ETH each, valued at $4 million, have been made, which could potentially exert downward pressure on prices and affect smaller investors. The launch of Ethereum-based ETFs in the United States on October 2, 2023, could have a significant impact on ETH’s price. However, the looming risk of a U.S. government shutdown may pose a potential threat to Bitcoin prices due to its adverse effects on the banking sector.
This News Article was automatically generated by Bob the Bot (AI)
Information |
Details |
Geography |
North America |
Countries |
🇺🇸 |
Sentiment |
neutral |
Relevance Score |
9 |
People |
None |
Companies |
Ethereum, U.S. Securities and Exchange Commission (SEC), FTX, Spotonchain, Valkyrie |
Currencies |
Bitcoin, Ethereum |
Securities |
None |