Ethereum’s price saw a 3.75% decline on August 20, following a week of minimal movement, with ETH trading within a narrow $128 range.
The recent dip in Ether (ETH) was triggered by the sale of 15,000 ETH by a major Ethereum whale, according to on-chain data. The broader market correction also coincided with reports that Gary Gensler, Chair of the U.S. Securities and Exchange Commission, might be a candidate for Treasury Secretary if Kamala Harris wins the upcoming U.S. presidential election in November.
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