Ethereum’s ICO Whales Can Crash the Market at Any Time

For those who are investing in ICO's~

Crypto whales are generally thought of as wealthy traders with the ability to move markets via a single sell order. Yet the greatest whales of all aren’t traders but ICOs which own millions of ether worth billions of dollars. Over 3% of the total ethereum supply is estimated to be in the hands of ICOs, and when those projects cash out, as periodically happens, the effects can be dramatic.

IMG_20180320_111014.jpg

View full article

Sort:  

For future viewers: price of bitcoin at the moment of posting is 8580.00USD

Coin Marketplace

STEEM 0.28
TRX 0.11
JST 0.031
BTC 68745.77
ETH 3744.06
USDT 1.00
SBD 3.76