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Over €6,000,000 at current prices.
by mcjiggerlog 9y ago
Over €6,000,000 at current prices.
- imron 9y agoAnd over €12,000,000 at the price 2 weeks ago. Who knows what the price will be next week, but it won't be anywhere near €6,000,000 if they try to sell that much at once.
- ChrisClark 9y agoThough, the 24 hour trading volume for ETH is $1.5 Billion USD. So it won't affect the price as much as you'd think.
- imron 9y ago$1.5 Billion, made up of many smaller transactions (~USD 15.5k on average according to this site [0]). A number of large transactions to convert that much ETH to USD, would significantly affect speculator confidence, triggering others to sell. 0: https://bitinfocharts.com/ethereum/ https://bitinfocharts.com/ethereum/