Ethereum Faces Continued Selling Pressure as Whales Offload 760,000 ETH
- Ethereum trades below the $1,900 mark, down over 35% since late February.
- Whales have sold approximately 760,000 ETH in the past two weeks.
- Market sentiment remains fearful amid macroeconomic uncertainty.
- Bulls struggle to reclaim key resistance levels between $2,000 and $2,200.
- ETH is currently trading at $1,880 with weak price action and high volatility.
The Ethereum market is under pressure as whales offload 760,000 ETH. With prices below $1,900 and key resistance levels unclaimed, investor confidence wanes amid ongoing macroeconomic uncertainties.
Source (2.6)https://www.newsbtc.com/news/ethereum/whales-dump-760000-ethereum-in-two-weeks-is-more-selling-ahead/?rand=52377