Ethereum whales dumping ETH as price slides below $4K, data shows

But as the numbers of these so-called whales drop, it reflects an ongoing selling trend among the richest Ethereum wallet owners. For instance, the number of

Meanwhile, addresses that hold at least 0.1 ETH jumped to 6.44 million this Monday compared to 3.62 million on Jan. 1, 2021. That is almost a twofold rise, signaling aNumber of Ethereum addresses with balance of at least 0.1 ETH. Source: Glassnode, its psychological resistance level. The chart below shows that the trendline is a part of a descending channel that appears like a"falling wedge."are technically bullish reversal patterns that appear after the price trends lower inside a trading range featuring two converging trendlines. The instrument in concern eventually breaks above the structure's upper trendline ahead or after reaching the apex .

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glassnode Well, more ETH for us. If it's price gonna dump I'll definitely go to Bitfinex to buy some cheap ETH.

glassnode Interesting if there are whales on BFX

glassnode No, what this means is that the shake out was successful. How about addresses that hold 10,000+ ETH? Have these increased?

glassnode Looking for small mc about to moon. Here it is. Let’s go $Inari metaverse sneak peek. 174 eth buyback wallet 100 eth marketing wallet TokenInari 100xGem 1000xgem defi MetaverseGaming DAO followthefox

glassnode aCTuaLLy HeRe iS another way to look at it it that says no bounce, you're sCrEwEd RuN LiKe HeLL...

glassnode Eth is dead, so sadly Solunavax is more valuable

glassnode A wheelbarrow full of penny. Is still a lot of money. A lot of wheelbarrows, is a lot of growth

glassnode It's time for a new one to rise up. koinos blockchain cryptocurrency DYOR

Good. Buy ADA

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They find KDA$.. 😲

That ETH dump was stupid, these whales will buy back soon.

Anyone that’s ever used ETH should realize there’s zero chance if ever makes it. It’s a pile of shit. Get out while you can.

$FEG is the future Defi, Dex, Metaverse, Nfts

Buying spree here we gooo

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Long-term holding of eth gets rich.

2k in a week . 1 k in a month . 200 USD in a year.

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Bitcoin Drops $3K After Getting Rejected at $52K: Ethereum Below $4K (Market Watch)Bitcoin failed at $52,000 and dropped by more than $3,000 in hours. Ethereum also lost some ground and stands beneath $4,000.
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