In an exceptional turnaround, the king of altcoins has witnessed a significant price recovery from its weekly low of $3,381.Ethereum price was up by 14% in the last 30 days. Ethereum was trading at an average price of $3,527, at press time. Its 24 hour trading volume stood at around $19.5 billion, with a market cap of $433 billion.
This heightened rise in the whale transaction coincides with Ethereum’s recent price surges. This suggests that investors were actively accumulating ETH during the recent dip.Coinglass’s liquidation heatmap data further indicates Ethereum’s resilience.
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