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Classic Bottom? ETH Hits $2.8K Realized Price as Whales Accumulate


by Wayne Jones
for CryptoPotato
Classic Bottom? ETH Hits $2.8K Realized Price as Whales Accumulate

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Ethereum (ETH) briefly touched a critical low of $2,870 on Wednesday, testing a vital on-chain support level that has historically signaled market bottoms.

According to an on-chain assessment by analyst MAC_D, this price point represents a cluster of the ‘realized price’ for both retail and large-scale investors, suggesting a potential foundation for a rebound is forming even as smaller wallets sell off.

Read the article at CryptoPotato

In This News

Coins

$ 2.82K

-7.41%

Share:

In This News

Coins

$ 2.82K

-7.41%

Share:

Read More

Ethereum Price Analysis: Is $2.6K and $2.1K Next for ETH if Buyers Stay Quiet?

Ethereum Price Analysis: Is $2.6K and $2.1K Next for ETH if Buyers Stay Quiet?

Ethereum continues to bleed slowly below the $3,100 level as overall crypto sentiment...
ETH Leverage Soars While Price Stalls – A Major Risk Signal?

ETH Leverage Soars While Price Stalls – A Major Risk Signal?

Binance data shows a crowded derivatives market, with investors using record leverage...

Classic Bottom? ETH Hits $2.8K Realized Price as Whales Accumulate


by Wayne Jones
for CryptoPotato
Classic Bottom? ETH Hits $2.8K Realized Price as Whales Accumulate

Share:

Ethereum (ETH) briefly touched a critical low of $2,870 on Wednesday, testing a vital on-chain support level that has historically signaled market bottoms.

According to an on-chain assessment by analyst MAC_D, this price point represents a cluster of the ‘realized price’ for both retail and large-scale investors, suggesting a potential foundation for a rebound is forming even as smaller wallets sell off.

Read the article at CryptoPotato

In This News

Coins

$ 2.82K

-7.41%

Share:

In This News

Coins

$ 2.82K

-7.41%

Share:

Read More

Ethereum Price Analysis: Is $2.6K and $2.1K Next for ETH if Buyers Stay Quiet?

Ethereum Price Analysis: Is $2.6K and $2.1K Next for ETH if Buyers Stay Quiet?

Ethereum continues to bleed slowly below the $3,100 level as overall crypto sentiment...
ETH Leverage Soars While Price Stalls – A Major Risk Signal?

ETH Leverage Soars While Price Stalls – A Major Risk Signal?

Binance data shows a crowded derivatives market, with investors using record leverage...