Ether (ETH) is showing resilience amid significant selling pressure from major investors. A whale investor, dormant for over eight years, has begun offloading their massive Ether holdings, initially acquired at an average price of $6. Despite this, Ether's price surged over 7.5% last week, trading above $3,369. Analysts suggest Ether could rally towards $3,700, driven by its correlation with Bitcoin, which recently hit an all-time high. Another early investor, linked to Cosmos Network, has also been selling substantial amounts of ETH. Yet, bullish patterns indicate potential for further price gains.
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ETH
3281,99
-2.33%
BTC
99 064,03
+1.01%
659
0
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