Whale Sells 4,491 ETH at $1,797 After Buying 14,994 ETH for $27 Million

ETH

ETH/USDT

$2,127.12

+4.51%

$2,127.12

+4.51%

(24s)

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

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 April 29th, 2023, data from LookIntoChain highlighted a significant transaction in the Ethereum market. A prominent whale acquired 14,994 ETH at an average price of $1,801, amounting to an impressive total of $27 million. This purchase underscores the potential for large-scale investments within the cryptocurrency ecosystem.

Remarkably, within a brief window of just three hours, this same entity executed a sale of 4,491 ETH at an average price of $1,797, generating approximately $8.07 million. Such rapid trading activity by whales often serves as an indicator of market sentiment, potentially influencing Ethereum’s price trajectory in the near term.

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