Ethereum Price Analysis: Vitalik’s Network Updates Disrupt ETH Markets as Whale Demand Plunges 22% in January 2025

Quick Summary:

Large holders provide much-needed market liquidity.  By absorbing selling pressure, it allows panic sellers to exit with minimal negative impact on ETH prices.

If whale activity does not recover soon, ETH may struggle to regain its footing, as reduced liquidity could amplify price swings in either direction.

Ethereum, which had shown resilience earlier in the week by reclaiming the $3,300 level, ultimately failed to sustain its momentum amid increased selling pressure.

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Author / Journalist: ibrahim

Category: Crypto

Markets: India

Topics: Ethereum Price Analysis Price Analysis ETH price Ethereum

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-02 @ 02:16:09 (12 hours ago)

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News Source URL: coingape.com

Language: English

Article Length: 715 words

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