Whale Movement: 398,891 ETH Accumulated and 46,853 ETH Sold for USDC Gains

ETH

ETH/USDT

$2,772.31

+5.39%

$2,772.31

+5.39%

(24s)

24h Volume

$22,710,140,868.50

24h H/L

$2,776.31 / $2,608.31

Change: $168.00 (6.44%)

Long/Short

55.3%

Long: 55.3%Short: 44.7%

Funding Rate

+0.0048%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,757.05

▲ 4.23%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,902.24

Resistance 1$2,760.85

Price$2,757.05

Support 1$2,677.04

Support 2$2,634.54

Support 3$2,544.06

Pivot (PP):$2,619.81

Trend:Uptrend

RSI (14):71.3

According to LookIntoChain monitoring as reported by COINOTAG on November 11th, a significant whale operation has been observed in the Ethereum market. Since November 7th, this entity has liquidated a total of 46,853 ETH, equivalent to approximately $138.8 million in USDC, following their substantial accumulation of 398,891 ETH at an average value of $2,920 per ETH. Recently, the investor initiated the sale of an additional 12,886 ETH which translates to roughly $41.24 million. Presently, this whale maintains a robust holding of 352,036 ETH, valued at around $12.7 billion. This movement reflects strategic adjustments in a volatile market and highlights the ongoing interests of large stakeholders in navigating the current cryptocurrency landscape.