BitMEX Research: the Actual account balance for the ICO projects cannot bring down the rate ETH
The BitMEX team Research has published a new report which States that the ICO projects are unlikely to bring down the price of Ethereum (ETH) because a substantial part of the digital assets have already been sold for Fiat currency.
1/ BitMEX Research publishes a new report analysing the Ethereum holdings of the ICO projects. We establish that the ICOs have already sold almost as much US$ worth of Ethereum as they initially raised.
Data compiled with help from @thetokenanalysthttps://t.co/NTXHg10EOj pic.twitter.com/71U7C7zRW3
— BitMEX Research (@BitMEXResearch) October 1, 2018