ETH Whales That Sold ATH Are Selling Again, What’s Next for Ethereum Price?

Quick Summary:

Ethereum price today trades at $2,286 after crashing 6% in the past 24 hours.

Investors must be cautious as ETH whales that sold during the 2021 bull run and around the all-time high (ATH) are selling again.

In 2021, the Bitcoin hit a ceiling around $69,000, which led to a reversal, pulling Ethereum and other top altcoins down with it.

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Article Details

Author / Journalist: Akash Girimath

Category: Crypto

Markets: India

Topics: ETH Price Analysis Ethereum Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-07 @ 12:29:05 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 442 words

Reading Time: 3 minutes read

Sentences: 46 lines

Sentence Length: 10 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 22398035

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 9 hours ago

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