Buy or Sell Signal? Ethereum Whales Purchase $340 mln of ETH

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The post Buy or Sell Signal?

Today, on August 6, 2024, Lookonchain an on-chain analytic firm noticed that six whales have purchased a significant 147,605 Ethereum (ETH) worth $340 million during the market crash.

According to expert technical analysis, ETH looks bullish and there is a high chance it could soar 13% to the $2,850 level in the coming day.

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Article Details

Author / Journalist: Zameer Attar

Category: Crypto

Markets: United States

Topics: Ethereum Crypto news Price Analysis News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-06 @ 19:06:58 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 419 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 21960287

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Main Topics: Crypto

Official Website: coinpedia.org

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Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

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