Ethereum’s value action has been closely chase that of Bitcoin and therefore the collective crypto markets. however its recent downtrend might not are merely the results of weak value action, as knowledge suggests that ICO’s are mercantilism a major quantity of their ETH in recent times.
The treasury sale of ETH from ICOs might be a major force that has been suppressing Ethereum’s value as recently, and these ICOs still hold a vast quantity of the cryptocurrency. That might mean that the steady stream of mercantilism pressure can continue for the predictable future.
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