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via Cointelegraph · By Cointelegraph Staff

Ethereum OG Dumps $136M ETH: Will it Push Ether’s Price Lower?

ETH

ETH/USDT

$2,477.12

+0.91%

$2,477.12

+0.91%

(24s)

24h Volume

$4,226,980,267.59

24h H/L

$2,485.34 / $2,444.47

Change: $40.87 (1.67%)

Long/Short

60.0%

Long: 60.0%Short: 40.0%

Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,478.84

▲ 0.94%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,639.52

Resistance 1$2,516.30

Price$2,478.84

Support 1$2,448.56

Support 2$2,316.57

Support 3$2,190.00

Pivot (PP):$2,478.04

Trend:Uptrend

RSI (14):63.9

Cointelegraph Staff

(03:44 PM UTC)

1 min read

Approved bySarah Chen

0 comments

An early Ether (ETH) investor sold their ETH holdings over the past week as the price headed toward $2,000, sparking fears of further losses. However, onchain data tells a different story as traders speculate where ETH/USD might bottom.

Key takeaways:

An early Ethereum whale sold $136 million in ETH, adding pressure as Ether trades below the $2,000 level.
Onchain data shows no evidence that older…

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Source

Cointelegraph Staff · Cointelegraph

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