Tag: 1.8K

Ethereum holds above $1.8k, whale activity drops

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ethereum has been consolidating above the $1,800 mark over the past week while the asset witnessed a significant drop in whale activity. According to data provided by a market intelligence platform Santiment, Ethereum (ETH) whales’ activity has been constantly on a downward momentum. Ethereum whales completed 3,976 transactions, each worth at least $100,000, on Aug. 1. ETH price, supply, and whale activity – Aug. 7 | Source: Santiment At the time of writing, Santiment recorded only…

Security or not, Ethereum price looks poised to hold the $1.8K level based on 3 key metrics

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Ether’s (ETH) price retested $1,780 after the news of the U.S. Securities and Exchange Commission suing cryptocurrency exchanges Binance and Coinbase but it’s not preposterous to suggest that Ether bulls should be more than happy that its price did not break below the 67-day support.  The SEC actions are actually a double-edged sword for Ethereum and on crypto Twitter, some analysts attributed the bounce in Ether as a result of it not being listed as a security in either of the cases brought against Binance and Coinbase. For instance, the…