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)
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 |
