Ethereum (ETH) Whale Activity Heats Up as ETF Anticipation Grows

Ethereum (ETH) has seen big transfers between wallets and exchanges, showing strong market activity.

🔹 11,999 ETH ($40,178,586) moved from an unknown wallet to Kraken.

🔹 9,438 ETH ($31,571,639) moved from another unknown wallet to Binance.

🔹 11,913 ETH ($39,880,410) moved from Gemini to Coinbase.

ETH had a strong trading session with clear support and resistance levels:

🔸 Support Level: $3,200 - Buying interest kept the price above this.

🔸 Consolidation Point: $3,250 - A stable phase before potential gains.

🔸 Resistance Level: Around $3,336.34 - A hurdle with minor sell-offs. A break above $3,350 could signal further gains.

ETH's price went up from $3,200 to $3,336, with a 34.06% increase in trading volume in 24 hours, showing high market activity and investor interest.

🔹 Market Cap: Up 4.22% to $401,088,479,399 - Positive investor sentiment.

🔹 Trading Volume: $13,154,601,411 - Strong market participation and liquidity.

Technical Indicators:

🔸 1-week RSI: 54.02 - Neutral market sentiment.

🔸 1-week MACD: Below the signal line - Possible short-term downward pressure.

Stay tuned for more crypto sights! 👍

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