A $3.9 Billion Sell Wall Awaits Ethereum at the Critical Price Level!

Lost Ethereum (ETH) whales can create billions of dollars of selling pressure by taking advantage of the price rise.

Reported by on-chain analysis platform Lookonchain to data According to the whales in loss within a certain price range Selling pressure on Ethereum There is a risk of creating

According to data 1.38 million different walletsaverage 2,984 from dollars $3.9 billion worth 1.33 million Ethereum he bought. These whales are already in loss price while positioning to pickup points or If it goes a little higher They have the potential to sell their assets.

Whales priced at these points 4 of them It has recently made serious sales, signaling the possible sales pressure that may be seen in the future. “0x7102” from these whales, 16,597 ETH worth $48.7 million at $2,934 sold recently. Another whale wallet named “0x702a” is $23.89 million worth 8,040 ETH He sold it again at approximately the same prices.

Whales with wallets “0x9017” and “0x7485” Binance And kraken through respectively $14.28 million worth 4,809 ETH And $13.928 million worth 4,688 ETH made the sale.

According to CoinGecko data, in the last 24 hours 0.5% Ethereum, which is on the rise, at the time of writing from $2,961 is being traded.


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