BREAKING
342d 12h ago

Whale Withdraws 2,417 ETH After 5 Months Dormancy: Insights on Ethereum Market Movements

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 March 5th, COINOTAG reported noteworthy activity in the cryptocurrency market as a significant entity, commonly referred to as a whale, made a strategic withdrawal of 2,417 ETH valued at approximately $4.97 million from the Binance exchange. This whale had been inactive for about five months prior to this transaction. Throughout its accumulation phase, this individual had secured a total of 13,671 ETH at an average price of $2,811.64, resulting in a cumulative investment of around $38.43 million. Currently, the investor is grappling with a floating loss of $10.5 million. Moreover, it is noteworthy that the whale has staked 11,498.58 ETH with Lido, indicating a commitment to participating in the Ethereum ecosystem.

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