Ethereum (ETH) Suffers a Major Blow: Is a Crash to $1,000 Coming Next?
USDT temporarily flipped ETH to become the second-biggest cryptocurrency.
Crypto News·
Ethereum trades around its 200-day moving average near $1,668, the line that has separated its bull markets from its bear markets for years. Above it lies a path back toward $3,000. Below it lies an accumulation zone, the charts put…
Read full articleUSDT temporarily flipped ETH to become the second-biggest cryptocurrency.
Old Ether wallets moved 37,806 ETH as long-term whale profitability turned negative for the first time since 2019, signaling mixed sentiment among large holders.
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Ether’s technical setup points to a potential drop to $1,375, a move that could lift one whale’s unrealized profit to $2.39 million.