ETH Price: Fresh Wallet Poaches 29K Tokens from Coinbase

Against the backdrop of ETH’s highly volatile price action in recent days, a new wallet that appears to have accumulated a large amount of ETH from Coinbase has caused a stir in the crypto community. According to insights provided by numerous on-chain trackers, it was noted that this new wallet has accumulated nearly 29K ETH in the past 24 hours, which offers a glimmer of hope for the future of the token.

The fate of the much-anticipated Ethereum ETF hangs in the balance as its approval depends on the outcome of an ongoing lawsuit with the U.S. SEC. According to CoinGape Media, the latest developments in the lawsuit have hit a major roadblock, with Bloomberg analyst James Seyffart stating that the likelihood of the SEC rejecting the ETH ETF is higher.

This development, coupled with recent whale activity, has stirred mixed emotions among traders and investors in the cryptocurrency market. Nonetheless, it’s worth remembering that even the BTC ETF was approved after a lengthy legal battle, which has kept cryptocurrency market participants on their toes. Ambush potential coins in advance, click on my avatar to find me. Welcome to like, follow, collect, and forward. #btc走勢 #ETH🔥🔥🔥🔥🔥🔥