Will Ethereum Price Crash Below $2,000 Again Amid Whale Sell-Offs
The Ethereum price has jumped back above $2,100 despite broader market volatility, driven by aggressive whale accumulation and tightening supply. However, recent updates reveal that whales are now selling their ETH, likely taking profit after prices recovered slightly. The key question now is whether this increased selling pressure could trigger a decline in Ethereum, potentially pushing its price back below $2,000 once again. ETH Faces Heavy Selling From Whales After recording massive accumulations just last week, crypto whales are now back to selling ETH. A new report released on X by....
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The bitcoin crash rocked the market to its core when the digital asset had lost over 50% of its all-time high value to bottom out at $33,000. It was as a result of market sell-offs across the financial space, sparking a ripple effect that was felt heavily in the crypto market. Market sentiment had crumbled during this time as investors had scrambled to sell their holdings. However, not everyone saw the declining prices as a signal to sell before prices tank even more. Whales, who control a large portion of the circulating supply, took this as a cue to buy and have been filling their bags....
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Crypto analyst Crypto Patel has revealed an Ethereum accumulation roadmap indicating the altcoin could rally as high as $20,000. This comes as ETH continues to struggle around the $2,000 level amid the U.S.-Iran war, which has dragged on for almost a month now. Analyst Reveals Ethereum Accumulation Roadmap With $20,000 Price Target In an X post, Crypto Patel revealed Ethereum’s accumulation roadmap, in which he described the $1,800 to $1,400 range as the best accumulation zone. He highlighted $4,700 as the major resistance and breakout level. Meanwhile, the targets for ETH are $10,000,....