Ethereum whale wallets have amassed 17.41 million ETH, nearly 22% of the total supply, reaching a nine-week high during recent market weakness. This accumulation by large holders contrasts with cautious retail sentiment and suggests strategic positioning for a potential long-term recovery. Meanwhile, Ethereum's price remains under pressure, struggling to break resistance near $2,282 and hovering around a critical support level at $1,850. Analysts warn that a weekly close below $1,850 could trigger a sharper decline toward $1,560 or even $1,070, but the growing concentration of ETH in whale wallets may reduce circulating supply and increase future volatility.
Ethereum's price is under pressure with technical indicators signaling a possible short-term decline. Key support around $1,800 is critical; if it breaks, the market could see further losses. High leverage and positive funding rates show many long po...
The S&P 500 achieved its longest weekly winning streak since 2023, rising nearly 20% from March lows, supported by hopes of a U.S.-Iran ceasefire extension. Brent crude stabilized near $92 a barrel, and Treasuries recovered some losses. However, majo...
The cryptocurrency market is showing signs of bearish pressure as major assets like Bitcoin, Ethereum, and XRP struggle to maintain momentum and key support levels. Bitcoin has fallen below key moving averages and faces potential deeper correction if...
Ethereum's price briefly fell below $2,000 for the first time since March, wiping out all Q2 gains and dropping 19% from its April peak. The decline is driven by weak network activity, low gas fees, and significant outflows from U.S. Spot ETH ETFs, s...
Bitcoin's price stabilized around $74,000 following positive regulatory developments in the US, including the Commodity Futures Trading Commission allowing crypto perpetual futures trading. Despite significant liquidations and outflows from Bitcoin a...
