Ethereum Sinking? $25 Million of ETH Hits Exchanges as Traders Wind Down for Holidays

Ethereum Sinking? $25 Million of ETH Hits Exchanges as Traders Wind Down for Holidays

After a particularly rough end to 2019, it looks like the fortunes of Ethereum investors aren’t set to change anytime soon. Almost 205,000 Ether (ETH) has hit popular trading venues within the last 24 hours.

With trading volumes slumping over the holiday season, a sudden influx of selling pressure seems likely to sink the market further. The second most popular cryptoasset is already trading at…

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