Ethereum Whales Sell 63,000 ETH, Raising Bearish Concerns
- Ethereum whales sold approximately 63,000 ETH over 48 hours.
- An Ethereum whale liquidated 35,754 ETH at $1,793 on April 23.
- The sell-off follows a previous sale of 15,000 ETH on April 22.
- Market trends suggest large sell-offs can lead to price declines.
- Technical analysis indicates a potential downtrend continuation for ETH.
The recent sell-off by Ethereum whales involved the liquidation of about 63,000 ETH within two days. This activity has sparked concerns over a possible bearish trend in the cryptocurrency market.
Source (2.6)https://coingape.com/ethereum-whales-dump-63k-coins-is-eth-crash-imminent/?rand=24432
