๐จ Ethereum whales might be steering the market again!
In the past 24 hours, Ethereumโs price has dipped toward monthly lows โ and whale activity could be to blame ๐๐. Data from IntoTheBlock reveals that transactions over $100K surged by 55%, moving over 2.58M ETH (worth $5.7B!) in a single day.
This surge in large trades aligned with the market downturn, increasing concerns about a potential break below $2,000 support.
๐ Analyst Rektproof forecasts a short bounce followed by a drop toward $1,800, where spot entries could present a solid rebound opportunity.
Stay sharp โ and follow us for breaking crypto trends and whale watch alerts! ๐
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