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via Cointelegraph · By Cointelegraph Staff

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

ETH

ETH/USDT

$2,692.00

+0.03%

$2,692.00

+0.03%

(24s)

24h Volume

$10,544,541,507.96

24h H/L

$2,743.00 / $2,668.84

Change: $74.16 (2.78%)

Long/Short

60.3%

Long: 60.3%Short: 39.7%

Funding Rate

+0.0014%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,690.81

▼ -0.03%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,778.89

Resistance 1$2,700.65

Price$2,690.81

Support 1$2,681.00

Support 2$2,314.75

Support 3$2,159.67

Pivot (PP):$2,700.65

Trend:Uptrend

RSI (14):63.5

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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