*Bear Ethereum Sells $2.5 Billion: Will This Affect ETH Price? ๐Ÿค”*

Bear Ethereum selling $2.5 billion in ETH may not immediately impact the ETH price significantly due to several positive factors currently supporting Ethereum's price. Here are some reasons why ETH prices could remain stable or even rise ๐Ÿš€:

- *Decrease in ETH Supply on Exchanges*: The amount of Ethereum held on exchanges has dropped to an all-time low, only 6.38% of the total supply ๐Ÿ“‰. This means many investors are choosing to store their ETH in private wallets, reducing selling pressure and potentially increasing the price ๐Ÿ’ฐ.

- *Accumulation by Large Investors*: Ethereum whales have purchased 918,506 ETH worth approximately $2.5 billion in the last two weeks, indicating confidence that Ethereum's price will still rise in the future ๐Ÿ“ˆ.

- *Increased Institutional Interest*: The Ethereum Spot ETF in America recorded a net inflow of $4.6 million, with major financial companies like Fidelity having an Ethereum investment of $1.52 billion through their ETF ๐Ÿ’ผ.

- *Technical Analysis*: Ethereum is still in a bullish trend, with prices above the 100-hour SMA and facing resistance at the $2,850 level ๐Ÿ“Š. If Ethereum manages to break through this level, there is a strong possibility that prices could rise to $3,000 in the near future ๐Ÿ”œ.

However, it is important to remember that the cryptocurrency market is highly volatile, so it is crucial to monitor current news and analyses before making trading decisions โš ๏ธ.#eth