No ATH for Ethereum Price? ETH Whale Selling Persists Amid Election Boost

No ATH for Ethereum Price？ ETH Whale Selling Persists Amid Election Boost

Ethereum Price ATH Delayed？ Whale Sales Overshadow Election Momentum

Breakdown of the Whales ETH Sales:

在今天的大幅上涨后，通过 ICO 获得 15 万枚 ETH 的鲸鱼又准备出售一部分 ETH：过去 40 分钟里他将 2.5 万枚 ETH ($65.63M) 转进了 Kraken。

到现在他通过 ICO 获得的 15 万枚 ETH 已经以 $2,527 的均价出售了 9 万枚 ($227.45M)：

一、2019 年 7 月以 $218 的价格出售 5,000 ETH ($1.09M)；…

— 余烬 (@EmberCN) November 6, 2024

ETH Chart Analysis Shows Porlong Consolidation Within Triangle

Frequently Asked Questions (FAQs)

Ethereums price recovery has been limited due to persistent selling by crypto whales

Following Trumps election as the 47th U.S. President, the crypto market saw a rally, with Bitcoin hitting $75,400 and Ethereum gaining 9.89%, trading at $2,647

The symmetrical triangle pattern indicates consolidation, with ETH price oscillating between two converging trendlines. An upside breakout from this pattern is essential for buyers to regain control and push ETH towards the $3,500 mark or higher.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.