Crypto
Ethereum Whale Adds $14.89M in 7,919.5 ETH Amid Consolidation
A prominent Ethereum whale has made another significant purchase, adding 7,919.5 ETH to its stash worth $14.89M.
This acquisition brings the total accumulation of this whale since June 30 to 74,265 ETH ($131.5M) at an average price of $1,771 per coin.
The whale also acquired 1,050 WBTC (Wrapped Bitcoin) worth $67.49M at an average price of $64,277 per token.
Ethereum's current price is $1868.25, which is below the EMA50 resistance level of $1894.61 and within a bearish trend structure.
The MACD death cross is currently at -10.62, reinforcing downside momentum, while the price trades inside Bollinger bands with lower support at $1850.3 and upper resistance at $1941.21.