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Ethereum Price Danger: Whale Exodus Could Drag ETH Below $4K


by Jordan Lyanchev
for CryptoPotato
Ethereum Price Danger: Whale Exodus Could Drag ETH Below $4K

TL;DR

  • After weeks of consistent accumulation, Ethereum whales have changed the tune and have offloaded massive quantities of the second-largest cryptocurrency.
  • With the overall weak market sentiment as of late, the question now arises whether the asset will fall toward and below the crucial $4,000 support.

Whales Sell, Some Buy

Data shared by popular crypto analyst Ali Martinez shows that these large market participants have disposed of over 430,000 ETH in just the last two weeks, which is a stark contrast to their approach to Ethereum throughout most of July and August. From a USD perspective, this fortune is worth around $1.80 billion.

Read the article at CryptoPotato

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Is ETH’s Long-Term Bull Run Just Getting Started? This Data Says So

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ETH Price Analysis: Defending This Key Support Can Catapult Ethereum to New ATH

ETH Price Analysis: Defending This Key Support Can Catapult Ethereum to New ATH

Ethereum has failed to sustain its bullish momentum, breaking below a key support ran...

Ethereum Price Danger: Whale Exodus Could Drag ETH Below $4K


by Jordan Lyanchev
for CryptoPotato
Ethereum Price Danger: Whale Exodus Could Drag ETH Below $4K

TL;DR

  • After weeks of consistent accumulation, Ethereum whales have changed the tune and have offloaded massive quantities of the second-largest cryptocurrency.
  • With the overall weak market sentiment as of late, the question now arises whether the asset will fall toward and below the crucial $4,000 support.

Whales Sell, Some Buy

Data shared by popular crypto analyst Ali Martinez shows that these large market participants have disposed of over 430,000 ETH in just the last two weeks, which is a stark contrast to their approach to Ethereum throughout most of July and August. From a USD perspective, this fortune is worth around $1.80 billion.

Read the article at CryptoPotato

Read More

Is ETH’s Long-Term Bull Run Just Getting Started? This Data Says So

Is ETH’s Long-Term Bull Run Just Getting Started? This Data Says So

Ethereum tracks rising global liquidity and nears a breakout from key resistance. Ana...
ETH Price Analysis: Defending This Key Support Can Catapult Ethereum to New ATH

ETH Price Analysis: Defending This Key Support Can Catapult Ethereum to New ATH

Ethereum has failed to sustain its bullish momentum, breaking below a key support ran...