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Whale Panic Fails to Dent ETH as Price Rebounds 20% From $3K Lows


by Ikemefula Aruogu
for CoinEdition
Whale Panic Fails to Dent ETH as Price Rebounds 20% From $3K Lows
  • 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.

Read the article at CoinEdition

Read More

Ethereum Price Prediction. Stablecoin Inflows And OI Surge Fuel Rebound From Key Demand Zone

Ethereum Price Prediction. Stablecoin Inflows And OI Surge Fuel Rebound From Key Demand Zone

Ethereum price today trades near $3,613, attempting to extend a rebound from the dema...
Ethereum Price Outlook: Struggling to Reclaim Broken Trendline as Long Positions Build

Ethereum Price Outlook: Struggling to Reclaim Broken Trendline as Long Positions Build

At the time of writing, Ethereum trades at $3,446, struggling to reclaim the rising t...

Whale Panic Fails to Dent ETH as Price Rebounds 20% From $3K Lows


by Ikemefula Aruogu
for CoinEdition
Whale Panic Fails to Dent ETH as Price Rebounds 20% From $3K Lows
  • 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.

Read the article at CoinEdition

Read More

Ethereum Price Prediction. Stablecoin Inflows And OI Surge Fuel Rebound From Key Demand Zone

Ethereum Price Prediction. Stablecoin Inflows And OI Surge Fuel Rebound From Key Demand Zone

Ethereum price today trades near $3,613, attempting to extend a rebound from the dema...
Ethereum Price Outlook: Struggling to Reclaim Broken Trendline as Long Positions Build

Ethereum Price Outlook: Struggling to Reclaim Broken Trendline as Long Positions Build

At the time of writing, Ethereum trades at $3,446, struggling to reclaim the rising t...