Ethereum Dips Below $1,850 as Whales Buy In

Ethereum is trading near $1,832 today, down about 2.2% over the last 24 hours.

The drop comes even as some big wallets are stepping back in to buy. Bitmex founder Arthur Hayes recently purchased 1,337 ETH at around $1,869 per coin after selling a smaller amount just two days prior, according to on-chain tracker Lookonchain.

This kind of back-and-forth buying and selling from a known whale often gets traders asking where Ethereum price prediction models see the coin heading next.