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Choose your preferred platform to introduce your friends to this game, and your 'Like' will be registered automatically. Spread the love!","voteDown":"Before you 'Dislike' this game, select your favorite platform to introduce your friends to this game. Your 'Dislike' will be recorded automatically once you've shared it.","gameShareTextLineOne":"I vote for","gameShareTextLineTwo":"Help me achieve this game most popular on PlayToEarnGames.com","makePopular":"Vote here to make this game the 'Most Popular'","Check our Most Popular Game":"Check our Most Popular Games","linktext":"Discover Community-Voted Top Web3 and Best NFT Games. Explore the most popular NFT, Crypto, Web3, Blockchain, and Play-to-Earn (P2E) games, handpicked and ranked by the gaming community. The more votes, the higher the ranks! 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","button_title":"Play-to-Earn Game List","span_one":"No obligations","span_two":"Free to use"}},"header":{"homepage":"Homepage","Game Reviews":"Game Reviews","Game List":"Game List","Developers":"Developers","Developer List":"Developer List","Gaming News":"Gaming News","search":"Search","local":"en","Popular P2E Developers":"Popular P2E Developers","Play To Earn Games":"Play To Earn Games","P2E Games":"P2E Games","Crypto Games":"Crypto Games","Web3 Games":"Web3 Games"},"meta":{"title":"Games to Earn, Blockchain, NFT, P2E Games List","description":"Play hundreds of games! Games to Earn, P2E, Blockchain, NFT, Crypto, Web3 Games. Read game reviews and start playing right away. Play now!","ogType":"article","keywords":"NFT Games, Crypto Games, Earning Games, Earning Games, Blockchain Games, P2E Games"}}},"initialLocale":"pt","ns":["news_letter","singleNews","singleGame","footer","common","header","meta"],"userConfig":{"i18n":{"locales":["en","hi","fr","es","de","pt","nl","tr"],"localeDetection":false,"defaultLocale":"en","domains":[{"domain":"playtoearngames.com","defaultLocale":"en"},{"domain":"hi.playtoearngames.com","defaultLocale":"hi","locales":["hi-IN"]},{"domain":"fr.playtoearngames.com","defaultLocale":"fr","locales":["fr-BE","fr-CA"]},{"domain":"es.playtoearngames.com","defaultLocale":"es","locales":["es-GT","es-MX"]},{"domain":"pt.playtoearngames.com","defaultLocale":"pt","locales":["pt-BR"]},{"domain":"de.playtoearngames.com","defaultLocale":"de","locales":["de","de-DE","de-AT","de-CH"]},{"domain":"nl.playtoearngames.com","defaultLocale":"nl","locales":["nl-BE"]},{"domain":"tr.playtoearngames.com","defaultLocale":"tr"}]},"trailingSlash":true,"default":{"i18n":{"locales":["en","hi","fr","es","de","pt","nl","tr"],"localeDetection":false,"defaultLocale":"en","domains":[{"domain":"playtoearngames.com","defaultLocale":"en"},{"domain":"hi.playtoearngames.com","defaultLocale":"hi","locales":["hi-IN"]},{"domain":"fr.playtoearngames.com","defaultLocale":"fr","locales":["fr-BE","fr-CA"]},{"domain":"es.playtoearngames.com","defaultLocale":"es","locales":["es-GT","es-MX"]},{"domain":"pt.playtoearngames.com","defaultLocale":"pt","locales":["pt-BR"]},{"domain":"de.playtoearngames.com","defaultLocale":"de","locales":["de","de-DE","de-AT","de-CH"]},{"domain":"nl.playtoearngames.com","defaultLocale":"nl","locales":["nl-BE"]},{"domain":"tr.playtoearngames.com","defaultLocale":"tr"}]},"trailingSlash":true}}}}Ethereum Foundation Dumps 200 ETH Amid Fears of Market Turmoil - Play to Earn Games News Home News Ethereum Foundation Dumps 200 ETH Amid Fears of Market Turmoil Ethereum Foundation Dumps 200 ETH Amid Fears of Market Turmoil Reinout te Brake | 23 Sep 2024 21:06 UTC The
ethereum Foundation has recently caused concern among investors by selling off 200 ETH on September 23. A detailed analysis of on-chain data reveals that the Foundation executed the sale through two separate transactions of 100 ETH each, attracting the attention of market analysts and observers.
ethereum Foundation’s Recent Sell-Off Follows Quick Disposal of 300 ETH
Just days after disposing of 300 ETH for $763K DAI, the
ethereum Foundation swiftly offloaded another 200 ETH for approximately $528K. Etherscan data indicates that the sale was completed for 527,989 DAI, showcasing a trend of liquidation within the organization.
Furthermore, reports from Spot on Chain suggest that the
ethereum Foundation has been rapidly divesting its ETH holdings in September, having sold 1,150 ETH for about $2.8 million. This brings the total sales for 2024 to an impressive $10 million, with 3,566 ETH already offloaded this year.
The
ethereum Foundation currently maintains a portfolio valued at $726.7 million, with the majority of it, $724.38 million, in ETH holdings.
At present, Ether is trading at $2,664, marking a 4.07% increase in the last 24 hours and a substantial 17.09% gain over the week. Despite concerns that the Foundation's large sell-offs could trigger negative trends in the
crypto market, the price of Ether has continued to rise.
Some analysts speculate that the Foundation may be selling ETH to mitigate market volatility, converting the funds into DAI, a stablecoin pegged to the US dollar, to stabilize the value amidst market fluctuations.
ethereum Faces Continued Outflows Amidst Mixed Market Signals
Recent data from CoinShares reveals a concerning trend for
ethereum , with weekly outflows amounting to $28.5 million, even following the Federal Reserve's recent 50 basis points rate cut.
The Federal Reserve's rate cut decision aims to stimulate economic growth by reducing borrowing costs. Despite this,
ethereum has seen total outflows of $145.7 million for the month, indicating growing investor skepticism about the asset's future. In contrast,
bitcoin has been experiencing inflows of $284 million weekly and $76 million monthly.
These figures hint at institutional investors' cautious approach towards
ethereum , despite favorable macroeconomic conditions that typically support riskier assets.
Data from Coinglass shows a rise in
ethereum 's futures open interest by 0.69% to $12.09 billion, with derivatives volume surging by 77.12% to $28.37 billion. This increase suggests a growing interest in
ethereum trading, despite the ongoing outflows and investor skepticism.
In conclusion, while the
ethereum Foundation's strategic asset management practices are under scrutiny, transparency regarding financial decisions remains crucial. The Foundation's actions may reflect a proactive approach in navigating challenging market conditions, but the need for openness and clear communication with the community is paramount. Stay tuned for
more updates as the market dynamics continue to evolve.
Tags Ethereum, Mercado, Últimas notícias sobre jogos, ETH, Notícias web3, Foundation, Fears, Tokenomics News, Turmoil, Dumps, P2e Gaming Updates Earn While You Play, Vr And Ar News, Crypto Trends In Gaming, Esports Headlines The Latest In Competitive Gaming, Tokenomics In Gaming Understanding Digital Economics
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Obtenha a história completa Play To Earn Games: Melhor Lista de Jogos Blockchain para NFTs e Cripto Play-to-Earn (Jogos P2E, Jogos para Ganhar), Jogos Cripto , Jogos NFT , Jogos Blockchain , Jogos de Metaverso e Jogos Web3 são avaliados em nosso site de jogos . Temos muitos jogos de cada tipo ; encontre o gênero , a plataforma, os tokens, notícias sobre esses jogos e links para mídias sociais em nossas páginas detalhadas de análises de jogos em vídeo, incluindo desenvolvedores de jogos. Confira nossos trailers de jogos , análises aprofundadas de jogos , e notícias diárias sobre os jogos mais recentes. Basta rolar pela nossa lista de Melhores Jogos .
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