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

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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