🚀#EthereumUpdate:
- 🐋 Whale from ICO with 1M $ETH moves strongly to OKX, sells 48,500 ETH (~$154M). Wallet has 15,600 ETH left, could add $41M selling pressure.
-#BlockTowerCapital also sold 9,232 $ETH (~$25M).
- However, ETH reserves on the exchange decreased from 17.1M to 16.8M in August, indicating accumulation near the bottom.
- ETH/USD needs to surpass $2,750 to continue rising, but could retest $2,350-$2,200 if it loses ground below $2,500.
What do you think about this situation? Share your thoughts! 💬
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