Ethereum down 11.77% on weekly basis
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Spotonchain said the, whale alongside another, took selling positions, depositing their ETH to crypto exchanges. This trader, marked as"smartestmoney.eth," deposited all 6,440 ETH, valued at $19.5 million, to Binance. Both traders have sold a total of 13,680 ETH, valued at approximately $41 million to crypto exchanges, suggesting a selling period.has been trading in a bigger range of $2,850 to $4,094 for many days. This time, ETH has risen 2.17% in the last 24 hours, to $3,037.
The next price support zone on the downside for ETH is $2,200. To confirm that the range-bound action is still in place, bulls might need to push the ETH price over the $3,373 price area.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
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