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Day: May 13, 2024

cryptocurrency May 13, 2024

Ethereum’s Netflow got more positive. ETH was close to entering the $3,000 price zone. Recent data indicates that one of the early Ethereum [ETH] holders has transferred millions of dollars worth of ETH to an exchange. Advertisements While this movement was relatively small, it could contribute to the positive Netflow trend that ETH has been […]

cryptocurrency May 13, 2024

A long-standing Ethereum investor known by their wallet address 0x2ce recently transferred a significant quantity of Ethereum (ETH) to Coinbase. Advertisements This movement involved 4,153 ETH, valued at approximately $12.17 million, based on the current exchange rate of $2,931 per ETH. Are Long-Term Ethereum Investors Cashing Out? Initially, 0x2ce sent the funds to an intermediary […]

cryptocurrency May 13, 2024

Ethereum price is gaining bearish momentum below $2,950. ETH might continue to move down toward the $2,550 support in the near term. Advertisements Ethereum struggled to clear the $2,950 resistance and started a fresh decline. The price is trading below $2,920 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]