Search results for TWAP
Crypto
Ethereum holds near $2,168 amid foundation sales, ETF outflows and whale exits
Ethereum is narrowly holding the $2,168 level amid simultaneous selling pressure from the Ethereum Foundation, U.S. spot ETF flows and large wallets. It traded around $2,181 on April 9, staying 0.5 percent above a key Fibonacci support at $2,168. The foundation said it would convert 5,000 ETH into stablecoins, with 3,750 ETH already sold for about $8.3 million. Spot ETF flows swung from inflows to outflows, while non-exchange whale holdings edged lower.
Crypto
Ethereum Foundation seeks to convert 5,000 ether into stablecoins to fund operations and grants
The Ethereum Foundation plans to convert about 5,000 ether into stablecoins to secure funds for operating costs and grant programmes. It will sell ether gradually using CoWSwap\'s time-weighted average price function to reduce market impact, targeting about $11 million. The move follows earlier TWAP sales and reflects a broader shift toward DeFi operations and staking alongside sales and over-the-counter deals. The foundation continues to hold substantial ether and stablecoin assets.
Crypto
Bitcoin stuck near $67,000; analyst says new low only a matter of time
Bitcoin is trading in a tight range near $67,000, with signs of fading weekend volatility but indicators pointing to downside pressure. An anonymous trader, LP, said previous cycles formed bottoms after repeated sweeps of lows and suggested a retest of local lows could be only a matter of time. Keith Alan said unusual selling appeared even during sideways trade, citing a TWAP bot selling $18 million in an hour.
