Ethereum Whales Offload 143,000 ETH Amid Market Uncertainty
- Ethereum is trading around $1,600, facing significant bearish pressure.
- CryptoQuant data reveals that whales have sold approximately 143,000 ETH in the past week.
- The crypto market is affected by macroeconomic uncertainties and U.S.-China tensions.
- Analysts warn of potential further declines unless key resistance levels are reclaimed.
Ethereum’s price remains under pressure as large holders offload significant amounts of ETH, contributing to a continued downtrend amid global economic uncertainties.
Source (2.6)https://www.newsbtc.com/news/ethereum/ethereum-whales-offload-143000-eth-in-one-week-more-selling-ahead/?rand=52377