An unidentified whale used an anonymous wallet to send FTX 10,900 ETH. Whale Alert, a blockchain analytics and monitoring service, evaluated the transaction at $22,510,559 as well. Data from many blockchains is analysed and interpreted by Whale Alert before being stored in a single standard format in its databases.
Overnight, crypto whales transferred hundreds of millions of dollars in ETH. The transaction occurred on Monday, September 6th, 2021, at roughly 04:51:56 UTC, according to Whale Alert data. Furthermore, the Ethereum price is $2,019.83 USD today, according to CMC, with a 24-hour trading volume of $19,486,377,116 USD. In the previous 24 hours, Ethereum has lost 3.12% of its value.
The price of Ethereum (ETH) has dropped drastically below the $2165 support level since last week. The altcoin has dropped 39% in less than a week, and the latest collapse could lead to even greater losses. As a result, it’s critical to determine whether sellers are prepared for another ETH price decrease.
The Ethereum (ETH) price broke through $2450 resistance on May 11th and has subsequently corrected to $1800 support. As the market began to tighten, it also reported a 27% drop in the price of ether.
Despite their best efforts, the buyers eventually caved in under the pressure at $2150 and yielded. As a result, the price of Ethereum entered a consolidation zone, with $1950 as the last level of support, before rising and crossing the $2K barrier. The bullish consolidation breakout will free imprisoned momentum and send prices higher to the next important resistance mark at $2250.
Read more: Ethereum Hashrate is now 127 Petahash per Second