Ethereum Price Today: Whales Buy 25K ETH As Crypto Market Crashes

Quick Summary:

Ethereum (ETH) has shed nearly 16% of its value this week due to Bitcoin’s (BTC) descent from $100K on Tuesday to a retest of $92K in the late New York session on Thursday.

Despite this sudden collapse in BTC  & other altcoins, whales seem to be taking advantage of this volatility to accumulate 25,000 ETH.

Hence, some key resistance levels that Ethereum price needs to overcome are $3,600, $3,843, $4,000.

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Article Details

Author / Journalist: Akash Girimath

Category: Crypto

Markets: India

Topics: Ethereum Price Analysis Ethereum price Price Analysis ETH price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-10 @ 06:48:01 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 756 words

Reading Time: 5 minutes read

Sentences: 62 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 25028838

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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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