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Dormant Ethereum Whale Resurfaces With Massive ETH Accumulation—Could It Fuel the Next Rally?

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The post Dormant Ethereum Whale Resurfaces With Massive ETH Accumulation—Could It Fuel the Next Rally? appeared first on Coinpedia Fintech News

The Ethereum price is plunging. The second-largest crypto has dropped to $1,658, recording a loss of over 6.62% in the past 24 hours. The recent breakdown below the crucial support has strengthened the bearish outlook, raising the possibility of a deeper correction. Moreover, the volume has also decreased by 15%, hinting towards reduced trader participation. …

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