Large Ethereum purchases by whales, including Arthur Hayes buying 1,293 ETH and a 21.3K ETH transfer from Fidelity Custody to a new wallet, highlight growing institutional confidence despite ETH trading below $2,000. Exchange data shows mixed short-term inflows but overall outflows, indicating accumulation rather than selling. Large orders dominate spot trading, suggesting strong participation from big investors. Ethereum price is recovering from lows and approaching the $2,000 resistance, with technical indicators showing strengthening buying interest. Continued accumulation could lead to a breakout above $2,000, potentially targeting $2,400 next.
Ethereum (ETH) has rallied from June lows around $1,500 to nearly $1,950, showing strong short-term bullish momentum. It has moved above its 20-day and 50-day moving averages, which now act as support, but faces resistance at the 100-day EMA near $1,...
The recent crypto market rebound has halted, with Cash Cat and Dogecoin struggling near their lows amid persistent selling pressure. Cash Cat remains below key moving averages, consolidating around $0.10, while Dogecoin trades near $0.0737, stuck bel...
Cryptocurrency markets saw a general decline with Bitcoin priced near $64,223, down 0.99%, and Ethereum falling 2.65% to around $1,874. Other major coins like Binance Coin and Solana also dropped slightly. This reflects ongoing market volatility and ...
Ethereum is gaining investor interest, with its price climbing 2.32% to approach $2,000 due to steady capital inflows. The ETH/BTC ratio has broken a 301-day resistance, signaling a rotation of funds from Bitcoin to Ethereum. This momentum is support...
The US Justice Department transferred 54.89 billion Shiba Inu (SHIB) tokens seized from FTX, but their value dropped 85% from $1.55 million to about $235,500 during legal proceedings, meaning the government retained only 15% of the original dollar va...
