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via Cointelegraph · By Cointelegraph Staff

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

ETH

ETH/USDT

$1,568.62

+1.06%

$1,568.62

+1.06%

(24s)

24h Volume

$17,466,599,961.64

24h H/L

$1,593.07 / $1,512.00

Change: $81.07 (5.36%)

Long/Short

77.1%

Long: 77.1%Short: 22.9%

Funding Rate

-0.0032%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,547.76

▼ -1.28%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,660.27

Resistance 1$1,584.45

Price$1,547.76

Support 1$1,534.62

Support 2$1,474.25

Support 3$1,244.77

Pivot (PP):$1,548.75

Trend:Downtrend

RSI (14):29.4

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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