{"id":42933,"date":"2024-12-09T12:09:18","date_gmt":"2024-12-09T12:09:18","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ethereum-hits-4k-pepe-reaches-new-ath-coinbase-to-list-mog-upbit-adds-move\/"},"modified":"2024-12-09T12:09:18","modified_gmt":"2024-12-09T12:09:18","slug":"ethereum-hits-4k-pepe-reaches-new-ath-coinbase-to-list-mog-upbit-adds-move","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ethereum-hits-4k-pepe-reaches-new-ath-coinbase-to-list-mog-upbit-adds-move\/","title":{"rendered":"Ethereum hits $4K, PEPE reaches new ATH, Coinbase to list MOG, Upbit adds MOVE"},"content":{"rendered":"

(Originally posted on : Invezz )<\/b>
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Earlier today, Ethereum’s price briefly hit $4,000 before pulling back following strong institutional interest and whale activity.<\/p>\n

At the same time, PEPE also hit a new all-time high, while MOG has witnessed a meteoric surge following a Coinbase listing. <\/p>\n

Movement (MOVE), a relatively new Ethereum L2 solution token has also been listed on Upbit.<\/p>\n

Ethereum price briefly taps $4k before tumbling<\/h2>\n

On Monday, December 9, morning Ethereum (ETH) price briefly hit $4,000 for the first time since March, before pulling back to around $3,884.78 at press time.<\/p>\n

The ETH brief surge to $4k can be attributed to multiple factors including strong institutional interest through US spot Ethereum ETFs and whale activity that has injected substantial liquidity into the market.<\/p>\n

A particularly noteworthy development is the movement of Ethereum whales.<\/p>\n

On December 5, a long-dormant whale transferred 60,079 ETH worth $234 million into Bitfinex after nearly six years. <\/p>\n

This strategic move marked a major profit-taking opportunity, as the whale\u2019s initial investment in January 2019 was only $13.4 million.<\/p>\n

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\"Spot<\/div>\n
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Spot On Chain<\/span><\/div>\n
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@spotonchain<\/span><\/a><\/p>\n
\u00b7<\/span>Follow<\/a><\/div>\n<\/div>\n<\/div>\n

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A giant whale just deposited its remaining 60,079 <\/span>$ETH<\/a> ($234M) to <\/span>#Bitfinex<\/a> after nearly 6 years of holding!
\nThe whale withdrew 87,085 <\/span>$ETH<\/a> from Bitfinex in Jan 2019 at only $153 ($13.4M).
\nLater, the whale sent 600 <\/span>$ETH<\/a> to Tornado Cash in 2020 and redeposited 86,484 <\/span>$ETH<\/a> in Nov\u2026<\/span><\/p>\n

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\"Image\"<\/a><\/div>\n<\/div>\n

8:41 AM \u00b7 Dec 6, 2024<\/a><\/a><\/div>\n
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38<\/span><\/a><\/p>\n

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