Gate.io Suggested Topics Posting Event: #CPI Data Drops#
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The U.S. March unadjusted CPI year-over-year dropped to 2.4%, down from 2.8% last month and below the 2.6% market expectation. While this signals cooling inflation, the market reaction has been muted.
How will this impact the Fed rate cut expectations and the crypto market? Share your thoughts with #CPIDataComing for a chance to win a $50 reward!
Event Time: April 11, 6:00 AM - April 12, 6:00 AM UTC
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The ancient WhaleAddress, which accumulated nearly 400,000 ETH at an average price of $6, sold about 73,300 ETH in the past half month.
On November 22nd, according to Lookonchain, a WhaleAddress accumulated 398,889 ETH (worth $2.4 million at the time) at an average price of only $6 between January 18th and March 10th, 2016. After more than 8 years of dormancy, the WhaleAddress was reactivated on November 7th and started selling. So far, 73,356 ETH (approximately $224 million) have been sold, leaving 325,533 ETH (approximately $1.1 billion) remaining.