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Crypto

Longling Capital Moves $3.67M in ETH to Binance Post-Rally

Guavy AI Editorial Team
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Longling Capital made a significant move in the Ethereum market by transferring 1,800 ETH worth $3.67 million to Binance after Ethereum reached an all-time high of $2,100.

The price action is currently at $2,089.02 within a bullish trend defined by the EMA50 at $1912.01 and EMA200 at $1875.86.

Technical indicators suggest that the price may experience a healthy retracement towards the 50-EMA support at $1912.01 before continuing its upward momentum.

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