Ethereum Whales Accumulate 190,000 ETH Amid Market Uncertainty
- Ethereum is trading at $2,220, its lowest since late November 2023.
- Whales purchased an additional 190,000 ETH in the last 24 hours.
- The price is below key averages: $2,290 (200-week EMA) and $2,480 (200-week MA).
- Bulls need to reclaim levels above $2,500 to confirm a reversal.
- The market remains driven by fear and uncertainty.
The recent acquisition of 190,000 ETH by whales highlights ongoing accumulation despite Ethereum trading at $2,220. The price remains under pressure below critical support levels.
Source (2.6)https://www.newsbtc.com/news/ethereum/whales-add-190000-ethereum-in-the-last-24-hours-the-accumulation-continues/?rand=52377