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Whales are scooping up $ETH again: in the last 3 hours, a wallet tagged to trading firm Cumberland withdrew 27,632 ETH (~$50.2 M) from an exchange.



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Whales are scooping up $ETH again: in the last 3 hours, a wallet tagged to trading firm Cumberland withdrew 27,632 ETH (~$50.2 M) from an exchange.

BY Technical CRYPTO Analyst




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A Telegram spokesman declined to comment on the bond issue or the amount of the debt the company has due. The spokesman said Telegram’s equipment and bandwidth costs are growing because it has consistently posted more than 40% year-to-year growth in users.

A project of our size needs at least a few hundred million dollars per year to keep going,” Mr. Durov wrote in his public channel on Telegram late last year. “While doing that, we will remain independent and stay true to our values, redefining how a tech company should operate.

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