Source: TheMerkle.com
Ethereum’s price is approaching a long-term support level, with a potential bounce from the $2.2k mark offering a bullish outlook. However, recent whale activity suggests caution may be warranted.
Just 30 minutes ago, a whale or institutional address, inactive for the past 15 months, transferred all 10,281 ETH (worth approximately $24.7 million) to Coinbase, possibly preparing to liquidate. This ETH was primarily accumulated between 2022 and 2023 from exchanges
Read More https://themerkle.com/ethereum-approaches-key-support-as-whale-activity-signals-potential-market-shift/
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Source: TheMerkle.com