Will Ethereum Whale Selloff Trigger ETH Price Crash Under $2,800?
Ethereum (ETH) price has crashed over 11% dropping under $3,300 in the last 24 hours amid selloff by the Ethereum whale entities as well as the Ethereum Foundation. With ETH falling under the crucial support of $3,500 today, there have been heavy liquidations of long positions with analysts expecting the next support around $2,800.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum ETFs surge in December as inflows hit $1.66 billion, dominated by BlackRock's ETHA
The current ETH ETF landscape shows a concentrated market structure.The following is an excerpt from The Block’s Data and Insights newsletter.
Giant Company Announces It Will Convert Some of Its Treasury Assets into These Three Cryptocurrencies
A technology company has announced that it will convert a significant portion of its cash reserves into cryptocurrencies.
Japanese Investment Company Metaplanet Does Not Listen to the Drop! Raised $60 Million to Buy Bitcoin! Here Are the Details
Japanese investment firm Metaplanet raised 9.5 billion yen through two bond issues this week to accelerate its Bitcoin buying strategy.
Famous CEO Announced: "Trump Invests Heavily in These Two Surprise Altcoins Apart from Bitcoin, ETF Approval May Come!"
Mark Yusko said that Donald Trump has invested heavily in Bitcoin, HBAR, and XRP.