Ethereum's price has dropped to around $1,740, falling below the whale realized price near $1,900, indicating many large holders are facing unrealized losses. The price is also trading below a significant long-term benchmark on Binance, a rare occurrence that signals weakening market confidence. Recent liquidations of over 21,540 ETH worth $34.1 million have added selling pressure, with nearly $547 million in leveraged positions still at risk. While retail buyers are active near $1,550-$1,600, large holders continue selling, creating a fragile balance that prevents a strong recovery. Ethereum's stabilization depends on stronger buyer conviction to absorb supply and reclaim key price levels.
Ether (ETH) increased by 1.49% to $2,697 in the early hours of September 29, extending its 24-hour gain to 1.77%. The price rose from $2,657 to $2,697 within one hour, based on spot-market data from Binance's ETH/USDT pair. During this period, short-...
Stellar (XLM) has become the third-largest blockchain by assets under management (AUM) in tokenized real-world assets (RWAs), reaching $2.75 billion. This milestone places Stellar ahead of Solana and Avalanche, trailing only Ethereum and BNB Chain. T...
Ethereum's price fell below the critical $2,700 level on Binance spot trading, reaching $2,696 as of 9:37 a.m. ET on September 28. This break is notable because $2,700 is a closely watched support level by traders. Despite this drop, ETH's price was ...
Ether (ETH), the second-largest cryptocurrency by market capitalization, rose above the $2,700 mark on Binance spot trading, reaching $2,715 at 1:17 p.m. ET on Monday. This represents a 1.14% increase from an hour earlier, indicating renewed buying i...
A large trader on Hyperliquid increased leveraged long positions by nearly $12 million during a market decline on September 28. Over 60% of this new capital was allocated to Ethereum, with 2,750 ETH purchased at an average price of $2,684, totaling a...
