Ethereum Eyes $2800: Is a Major Rally on the Horizon?
ETH prices have surged as the market sentiment has turned bullish recently. Some of the latest whale activity and technical indicators suggest Ethereum could be getting ready for a significant upswing, with a chance for it to reach $2,800. Also Read: Commerzbank’s Crypto Move: A Game-Changer for Bitcoin and Ethereum? Mastering Crypto: Navigating Ethereum’s Path to $2800 Amid Market Turbulence Whale Makes Bold $5.17M ETH Purchase A whale bought 2,117.7 $ETH($5.17M) after the $ETH price rose and went long on $ETH through circular borrowing again! He was also liquidated for 6,078 $ETH($14.7M) when the price plummeted on Aug 5! In the past 6 months, he lost $13M by going long on $ETH! He went long on $ETH… pic.twitter.com/URz01cfUv1 — Lookonchain (@lookonchain) September 19, 2024 A major Ethereum whale has caused some stir in the cryptocurrency market by buying 2,117.7 ETH worth $5.17 million as prices climbed. This large purchase, made through circular borrowing, signals strong...