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

ETH

ETH/USDT

$2,653.89

-1.58%

$2,653.89

-1.58%

(24s)

24h Volume

$7,951,421,366.82

24h H/L

$2,724.12 / $2,642.00

Change: $82.12 (3.11%)

Long/Short

61.5%

Long: 61.5%Short: 38.5%

Funding Rate

-0.0008%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,654.72

▼ -1.26%

Volume (24h): -

Resistance Levels

Resistance 3$3,159.67

Resistance 2$2,769.49

Resistance 1$2,659.67

Price$2,654.72

Support 1$2,604.23

Support 2$2,516.30

Support 3$2,314.75

Pivot (PP):$2,694.18

Trend:Uptrend

RSI (14):59.2

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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