Jainjosevalooran
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Ethereum Hits $2,283 at 9:30 AM Dubai Time Before Bearish Reversal – Key Levels to Watch!
As of May 14, 2025, Ethereum ($ETH ) experienced a significant price movement. At 9:30 AM Dubai time, ETH reached a peak of $2,283 before entering a bearish trend. Over the next 7.5 hours, the price declined, influenced by notable trading activities from both large and smaller investors.
Whale Activity
Recent data indicates substantial movements by Ethereum whales:
A whale deposited 20,000 ETH (approximately $52.84 million) to Kraken on February 14, 2025, suggesting a bearish outlook.Another whale transferred 23,330 ETH (around $61.9 million) to Binance over four days, averaging $2,654 per ETH, indicating potential selling pressure.
These large-scale transactions contributed to increased market volatility and downward price pressure.
Medium and Small Investor Activity
While specific data on medium and small investor activities during this period is limited, the overall market sentiment turned bearish, as reflected in the price decline. This suggests that smaller investors may have followed the trend set by larger holders, contributing to the selling pressure.
Price Movement
Following the peak at $2,283, Ethereum’s price declined over the next 7.5 hours. As of the latest data, ETH is trading at approximately $2,687.55.
Conclusion
The combination of significant whale sell-offs and a shift in market sentiment led to Ethereum’s price decline after reaching $2,283 at 9:30 AM Dubai time. Investors should monitor large transactions and market trends to anticipate potential price movements.
Note: The above information is based on available data up to May 14, 2025. For real-time updates, consult reliable financial news sources and market analysis platforms.
#Ethereum #CryptoNews #ETHPrice #BearishTrend #DubaiMarkets
@Jainjosevalooran
@Yi Xi Bullish
@Yi He
@Binance Square Official
Sell for long
Whale Activity
Recent data indicates substantial movements by Ethereum whales:
A whale deposited 20,000 ETH (approximately $52.84 million) to Kraken on February 14, 2025, suggesting a bearish outlook.Another whale transferred 23,330 ETH (around $61.9 million) to Binance over four days, averaging $2,654 per ETH, indicating potential selling pressure.
These large-scale transactions contributed to increased market volatility and downward price pressure.
Medium and Small Investor Activity
While specific data on medium and small investor activities during this period is limited, the overall market sentiment turned bearish, as reflected in the price decline. This suggests that smaller investors may have followed the trend set by larger holders, contributing to the selling pressure.
Price Movement
Following the peak at $2,283, Ethereum’s price declined over the next 7.5 hours. As of the latest data, ETH is trading at approximately $2,687.55.
Conclusion
The combination of significant whale sell-offs and a shift in market sentiment led to Ethereum’s price decline after reaching $2,283 at 9:30 AM Dubai time. Investors should monitor large transactions and market trends to anticipate potential price movements.
Note: The above information is based on available data up to May 14, 2025. For real-time updates, consult reliable financial news sources and market analysis platforms.
#Ethereum #CryptoNews #ETHPrice #BearishTrend #DubaiMarkets
@Jainjosevalooran
@Yi Xi Bullish
@Yi He
@Binance Square Official
Sell for long
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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