BREAKING
357d 7h ago

ETH Whale Deposits $13.65 Million in 5000 ETH to Binance: A Look at 1300% ROI Potential

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

On February 18th, COINOTAG News reported that an influential Ethereum whale, noted for significant activity in 2018, has notably transferred 5,000 ETH to Binance, a transaction valued at approximately $13.65 million. This wallet, which began accumulating ETH during the 2018 bear market, has demonstrated strategic buying behavior, with an average entry price around $194. This historical accumulation suggests a potential return on investment (ROI) exceeding 1300% if the whale decides to liquidate their assets at current market rates. Such movements by established players in the cryptocurrency market can influence trader sentiment and market dynamics, highlighting the importance of monitoring whale activity. As the crypto landscape evolves, understanding these key transactions becomes crucial for investors and analysts alike, emphasizing the intersection of market psychology and financial strategy.

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