A major Ethereum investor, often called a “whale,” recently sold off 10,000 ETH after holding it for over two years. This could be a sign of things to come. A Whale’s Big Sell-Off This whale initially bought the 10,000 ETH for about $12.95 million in late 2022. They held onto it even when Ethereum’s price…
Ethereum (ETH) took a dive earlier this week, hitting $1,471. It’s since bounced back a bit, trading around $1,570 – a nearly 5% increase in 24 hours. But despite this small recovery, analysts are still watching closely. Understanding the Realized Price A key metric analysts are looking at is Ethereum’s “Realized Price.” This isn’t just…
On-chain data reveals Ethereum’s price has fallen below almost all investor cost basis levels, except one. Let’s dive into where this crucial support might lie. Realized Price: The Key Indicator Analyst MAC_D highlighted a key support level for Ethereum: the Realized Price. This metric tracks the average cost basis for different groups of ETH holders….
Ethereum’s Market Value to Realized Value (MVRV) ratio has taken a nosedive, hitting its lowest point since December 2022. Let’s break down what this means. What is the MVRV Ratio? The MVRV ratio is a key indicator that compares Ethereum’s market cap (total value at the current price) to its realized cap (total value based…
Ethereum is tanking. The entire crypto market is down, and Ethereum’s price has just plummeted. It lost a major support level at $1,800, dropping about 14.5% in just 24 hours. A Deep Dive into the Downward Spiral Things are looking pretty grim. One analyst predicts Ethereum could even fall to $1,000-$1,500. He thinks Ethereum’s current…
Ethereum’s price has been falling, hitting lows around $1,400 – levels not seen since early 2023. This has investors worried, especially since Ethereum is down over 65% from its 2024 high. Capitulation and a Potential Turnaround Analyst Ted Pillows believes Ethereum is in a capitulation phase, meaning a final sell-off is likely before a rebound….
Ethereum’s performance has been disappointing lately, raising concerns among investors. The price keeps dropping, and experts are worried it might fall even further. Ethereum’s Underperformance Ethereum hasn’t been doing well compared to Bitcoin. It’s significantly underperformed in the last quarter, losing almost half its value while Bitcoin only dropped about 15%. This huge difference is…
Ethereum’s recent price drop has sparked a debate among crypto analysts. Some believe it’s a great buying opportunity, while others remain cautious. Let’s dive into their perspectives. The Bullish Case for ETH Several analysts, including Doctor Profit (who accurately predicted the drop), now see Ethereum as undervalued. They point to the $1,800 support level as…
Ethereum (ETH) has been on a downward trend lately. It’s down 17% in the last month and has been struggling to stay above $1,850. Experts are warning that things could get worse. Ethereum Could Plunge to $1,550 For the past couple of days, ETH has been stuck between $1,750 and $1,840. It failed to break…
Ethereum’s price has been struggling lately. It’s currently trading below $1900, a far cry from its peak. Many investors are disappointed, as the year started with much higher hopes. Whales Accumulate ETH Despite the gloomy outlook, some big players are making moves. Data shows that Ethereum whales—those holding massive amounts of ETH—added over 130,000 ETH…
