Ethereum Battles Selling Pressure as Whales Step In

Ethereum price

After fresh price declines, Ethereum is attempting to stabilize. The asset has dropped more than 40% over the past three weeks, reflecting a period of heightened risk aversion across the market. Even so, several indicators suggest the cryptocurrency could retest the $2,000 level. Market participants are now watching mixed signals from different holder groups. Large … Read more

Whales Dump $970 Million in Ethereum: Should Traders Be Worried?

Ethereum Whales

Ethereum (ETH) slipped back into the red on Wednesday (7), snapping a six-day winning streak. The pullback raises fresh questions about ETH’s near-term direction, especially after such a strong run. Over the past 24 hours, Ethereum dropped around 3%. At the time of writing, ETH was trading near $3,170, according to CoinGecko data. So far, … Read more