3 ms·
$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
by 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/