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via Cointelegraph · By Cointelegraph Staff

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

ETH

ETH/USDT

$1,737.04

+0.33%

$1,737.04

+0.33%

(24s)

24h Volume

$7,199,845,614.38

24h H/L

$1,759.84 / $1,702.00

Change: $57.84 (3.40%)

Long/Short

71.4%

Long: 71.4%Short: 28.6%

Funding Rate

+0.0026%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,734.86

▲ 1.64%

Volume (24h): -

Resistance Levels

Resistance 3$1,983.04

Resistance 2$1,812.46

Resistance 1$1,763.10

Price$1,734.86

Support 1$1,708.61

Support 2$1,656.77

Support 3$1,613.33

Pivot (PP):$1,733.88

Trend:Downtrend

RSI (14):42.8

Cointelegraph Staff

(03:44 PM UTC)

1 min read

Approved bySarah Chen

1292 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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