Whale Alert! A major Ethereum investor just bought 22,919 $ETH at an average price of $3,368—a whopping $77.2M! This marks their third significant purchase this year, sparking curiosity about ETH’s next move.

💡 Key Highlights:

  • Whale Strategy: Swing trading ETH and WBTC with an impressive 84% win rate, this whale has profited $4.57M across 21 trades since August.

  • Current Market Dynamics: Ethereum is trading between $3,306 and $3,375, with resistance at $3,400. Breakout potential looms, but the broader market must align.

  • Technical Indicators:

    • Money Flow Index (MFI): 51.11 (neutral).

    • Price consolidation phase with critical resistance at $4,052 and $4,097.

📉 Market Status:

  • ETH dipped 1% in 24 hours, now trading at $3,386.

  • Total crypto market cap: $407.95B.

  • ETH 24-hour trading volume surged 40% to $25.39B.

Source: TradingView

🎯 Takeaway: The whale’s activity reflects strong faith in Ethereum’s resilience. Will ETH break resistance at $3,400 and test higher levels? Watch this space for updates!

What do you think—are we primed for a rally or more consolidation? Share your thoughts! 👇

#Ethereum #cryptotrading #WhaleActivity #CryptoNews #TheCoinRepublic