Whale Reveals Presence in Market: Staking 1,100 ETH on LidoFinance and Kilnfinance

ETH

ETH/USDT

$2,970.16

-1.58%

$2,970.16

-1.58%

(24s)

24h Volume

$13,999,764,631.17

24h H/L

$3,027.61 / $2,906.02

Change: $121.59 (4.18%)

Long/Short

78.7%

Long: 78.7%Short: 21.3%

Funding Rate

+0.0029%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,974.10

▲ 0.72%

Volume (24h): -

Resistance Levels

Resistance 3$3,248.56

Resistance 2$3,130.36

Resistance 1$3,003.86

Price$2,974.10

Support 1$2,969.42

Support 2$2,809.41

Support 3$2,623.57

Pivot (PP):$2,966.41

Trend:Downtrend

RSI (14):41.0

In a significant development reported on April 21st, COINOTAG reveals that a crypto whale has resurfaced in the market following a five-month period of inactivity. This investor has staked a total of 1,100 ETH across prominent platforms such as LidoFinance and Kilnfinance, amounting to an impressive $1.8 million investment. The strategic move highlights a renewed interest in Ethereum, particularly at a time when market dynamics are shifting. Notably, the whale’s address continues to hold 271 ETH, currently valued at approximately $444,000. Such substantial transactions are indicative of ongoing large-scale activities within the Ethereum ecosystem and could potentially influence market sentiments moving forward. Investors should monitor these movements closely, as they might provide insights into future price trends and the overall crypto market landscape.