Ethereum was trading at $1,532.05 on the FTX exchange with a 24 daily trading volume of $26.6 Billion.
The amount of illiquid Bitcoin supply in the network has grown more than the circulating supply since 2017.
The world’s most valuable crypto exchange revealed it has executed $1 billion-plus crypto trades for some of the biggest institutions in the world.
The fast-rising valuable crypto asset received a fresh wave of a buying spree, seeing its price post a new all-time high of $1.29.
Cardano at the time of writing this report was trading at $1.047324, up 20.35% on the day.
Over $140 billion in value evaporated into thin air, as Bitcoin also lost as much as $7,000, according to data retrieved from Coin360.
Such strong demand on the world’s flagship crypto asset by large entities is keeping it within striking distance of $60,000.
