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20 USDT
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💬 Ethereum Whales Sell $1.8B in $ETH as Price Fails Recovery
Ethereum's price has stagnated around $1,700, prompting whales to sell 1.19 million ETH worth $1.8 billion over the past 72 hours.
A -29% MVRV Long/Short Difference suggests short-term holders are profiting, while long-term holders face losses, adding to Ethereum’s bearish pressure.
Ethereum is holding above $1,500, but if it fails to hold $1,533, it may drop to $1,429. A breach of $1,625 could signal potential for upward movement toward $1,745
#ETH