Ethereum ICO Whale Dumps Another 6K ETH, Is Price Correction Ahead?

Quick Summary:

However, the asset saw a brief rally, finding support at an intra-day low of $2,312.58, and climbed back up to $2,438, a 5% increase from the day’s low.

Ethereum’s price has been struggling over the past week, dropping more than 12% as of today.

Recent activities of the whale indicate raising the alarm or a clear-cut plan to ensure profits are well protected should bears seize market control.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: India

Topics: 24/7 Cryptocurrency News Ethereum (ETH) ETH price Ethereum News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-04 @ 18:28:29 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 673 words

Reading Time: 4 minutes read

Sentences: 43 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 22885078

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