Crypto: Ethereum Faces Massive 420,000 ETH Sell-Off Threat

Ethereum faces a threat after the Binance hack. North Korean hackers are said to hold more than 420,000 ETH, nearly one billion dollars at prices observed at the end of October. These funds could be resold on the crypto market while liquidity remains fragile. Binance has however replenished 95% of the affected assets, and several technical indicators hint at a possible rebound.