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via Cointelegraph · By Cointelegraph Staff

Ethereum Whales Accumulate Aggressively as ETH Price Rises to $2.4K

ETH

ETH/USDT

$1,945.12

+3.28%

$1,945.12

+3.28%

(24s)

24h Volume

$7,568,408,081.14

24h H/L

$1,967.36 / $1,878.46

Change: $88.90 (4.73%)

Long/Short

60.1%

Long: 60.1%Short: 40.0%

Funding Rate

+0.0065%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,943.10

▼ -0.59%

Volume (24h): -

Resistance Levels

Resistance 3$2,148.26

Resistance 2$2,063.38

Resistance 1$1,976.22

Price$1,943.10

Support 1$1,939.16

Support 2$1,883.28

Support 3$1,704.96

Pivot (PP):$1,931.98

Trend:Uptrend

RSI (14):61.9

Cointelegraph Staff

(04:32 PM UTC)

1 min read

Updated byEmily Watson

1452 views

0 comments

Ethereum accumulation addresses witnessed a surge in daily inflows on Wednesday, suggesting growing confidence in Ether’s (ETH) long-term price trajectory following its latest rise to $2,400.

Key takeaways:

Accumulation addresses absorbed about $592 million in ETH on Wednesday, signalling aggressive long-term buying.
Ether’s ascending triangle projects an ETH price rally to $3,315.

Ethereum…

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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