Ethereum the 2nd largest cryptocurrency that currently hold the 1st place as the largest altcoin is nearing $3000 in market value. ETH exchange rate has strengthened by another 2.34% to $2916.
There is also reports of investors sending in their ETH holdings to cold storage. At the beginning of last week, traders began to massively send ether for offline storage.
One instance is last March 15, wherein investors withdrew more than $500 million in ETH from cryptocurrency exchanges and A total of 180,000 coins left the exchanges last Tuesday. These data are according to the IntoTheBlock platform
