Ethereum Whales Cash In as Prices Surge Beyond $3,400
2025-07-17 12:55:02
Main Idea
Ethereum's price surged above $3,400, but two major whales sold significant amounts of ETH, totaling $528 million, to capitalize on the rally and secure profits.
Key Points
1. Ethereum's price reached $3,430, but a sell-off of $528 million occurred, with two whales selling 178,080 ETH.
2. Trend Research sold 79,470 ETH at an average of $3,145, realizing $250 million in profit, while retaining 105,664 ETH worth $354 million.
3. An anonymous whale sold 98,610 ETH at an average of $2,819, securing $278 million, and still holds 35,022 ETH worth $117.5 million.
4. The daily RSI reached 83.46, approaching overbought territory, indicating potential caution in the market.
5. Ethereum's price stability depends on maintaining support between $3,200 and $3,300 for the rally to continue.
Description
Whales sold 178,080 ETH amid Ethereum's price surge above $3,400. Trend Research earned $250 million by selling 79,470 ETH recently. Continue Reading: Ethereum Whales Cash In as Prices Surge Beyond $3,400 The post Ethereum Whales Cash In as Prices Surge Beyond $3,400 appeared first on COINTURK NEWS .
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