U.S. Govt Moves ETH Worth $700K: Another Sell-off Panic?

U.S. Govt Moves ETH Worth $700K: Another Sell-off Panic?

full version at dailycoin

The U.S. government has moved part of its Ethereum holdings. The asset transfer has ruffled feathers amid a weekend market crash. Despite concerns, Ethereum is already showing signs of a rebound. The past weekend has been tough on all crypto market participants, but Ethereum (ETH) holders have been especially worst hit. In addition to worrying macroeconomic dynamics that have sent perceived risk assets tumbling, the asset has faced selling pressure from Jump Crypto and now the U.S. government. Over the past 24 hours, a government-controlled wallet has sparked speculation of a sell-off by moving a substantial amount of ETH


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