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Ethereum is a decentralized platform that can be used for currency and various applications. Ether (ETH) is the platform’s primary currency.

One of Ethereum’s most prominent features is its capability to support smart contracts. The platform was created by Canadian developer of Russian origin, Vitalik Buterin, and a few other co-founders when it was just 20 years old. Launched on July 30, 2015, Ethereum’s digital currency, Ether, ranks second in terms of market value, with a market capitalization of $24 billion as of February 10, 2020, following Bitcoin.

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Wallet holding $5.4 million in Ether wakes up

A new one has been added to the movements of the old wallets, which have been seen a lot recently, waking up after years. The first transfer came after a long time from the wallet that a person participating in the Ethereum pre-sale has not moved in any way for 9 years.

Ethereum ICO whale continues its massive sales

Participating in the 2015 Ethereum ICO and obtaining thousands of ETH at that time, the investor continues its sales. The investor, who sent 5000 ETH worth $13 million to the OKX exchange at night, still has more than 15 thousand tokens.

This time Ether surpassed Bitcoin: Investors bought at the bottom

In investments in crypto funds, Bitcoin is by far the superiority in general, while last week’s figures show that there was a rush to Ether. A net $176 million was invested in the funds, where Bitcoin funds received $13 million and Ether funds received $155 million.

Dormant wallets transfer $2 billion worth of ETH

Hundreds of wallets where the coins seized from the Plus Token organisation, which is based in China and is seen as one of the world’s largest crypto frauds, took action after more than 3 years. According to incoming information; 790 thousand ETH worth approximately $2 billion is moving.

Why coins are crashing?

Bitcoin, which exceeded $70,000 on Monday last week, fell close to $20,000 in a week. While the largest cryptocurrency saw $52,000 tonight, the decline in Ether exceeded 20% in the last 24 hours. The depreciation in altcoins has also reached much more dramatic levels.