Whale Panic Fails to Dent ETH as Price Rebounds 20% From $3K Lows
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- A significant Ethereum price crash last week was driven by 23 large whales selling or redistributing their holdings.
- The sell-off saw the number of whales holding >10,000 ETH drop from 1,262 to 1,239, breaking key support at $3,354.
- Despite the whale capitulation, the market absorbed the selling, bouncing 20% from the $3,000 level to reclaim $3,550.
Renowned cryptocurrency analyst Ali Martinez has spotted an ongoing ETH sell-off by whales. In his latest post on X, the analyst stated that 23 of the largest Ethereum whales have sold or redistributed their holdings in the past week.
Related: Ethereum Exchange Supply Hits 1-Year Low as Whales Increase Holdings by 52%
Ethereum’s Massive Whale Selloff…
Read The Full Article Whale Panic Fails to Dent ETH as Price Rebounds 20% From $3K Lows On Coin Edition.
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Coins
$ 0.0856
-3.14%
$ 2.00K
-3.32%
$ 0.0114
-2.60%
$ 0.000144
-3.92%
$ 0.00...361
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In This News
Coins
$ 0.0856
-3.14%$ 2.00K
-3.32%$ 0.0114
-2.60%$ 0.000144
-3.92%$ 0.00...361
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Ethereum Price Prediction: ETH Downtrend Deepens as Open Interest Cools & Momentum Weakens
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Whale Panic Fails to Dent ETH as Price Rebounds 20% From $3K Lows
Share:
- A significant Ethereum price crash last week was driven by 23 large whales selling or redistributing their holdings.
- The sell-off saw the number of whales holding >10,000 ETH drop from 1,262 to 1,239, breaking key support at $3,354.
- Despite the whale capitulation, the market absorbed the selling, bouncing 20% from the $3,000 level to reclaim $3,550.
Renowned cryptocurrency analyst Ali Martinez has spotted an ongoing ETH sell-off by whales. In his latest post on X, the analyst stated that 23 of the largest Ethereum whales have sold or redistributed their holdings in the past week.
Related: Ethereum Exchange Supply Hits 1-Year Low as Whales Increase Holdings by 52%
Ethereum’s Massive Whale Selloff…
Read The Full Article Whale Panic Fails to Dent ETH as Price Rebounds 20% From $3K Lows On Coin Edition.
In This News
Coins
$ 0.0856
-3.14%$ 2.00K
-3.32%$ 0.0114
-2.60%$ 0.000144
-3.92%$ 0.00...361
Share:
In This News
Coins
$ 0.0856
-3.14%$ 2.00K
-3.32%$ 0.0114
-2.60%$ 0.000144
-3.92%$ 0.00...361
Share:
Read More
Ethereum Price Prediction: ETH Downtrend Deepens as Open Interest Cools & Momentum Weakens