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Ethereum price stalls as retail selling offsets whale accumulation
['Hassan Maishera']
CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison
Whale wallets holding 10,000–100,000 ETH accumulated a net 130,000 ETH over the past week.
Ethereum (ETH) continued trading sideways on Tuesday as whale accumulation was offset by selling among smaller wallet cohorts and subdued institutional demand.
Ethereum whales accumulate 130,000 ETHWallets holding between 10,000 and 100,000 ETH added a net 130,000 ETH over the past week.
The renewed whale accumulation suggests that some large investors view Ethereum’s current price range as an opportunity to increase their holdings.
Investors holding between 100 and 1,000 ETH also sold roughly 130,000 ETH.