BYUYÜK ALTCOIN Ethereum $2,515.72in the last three days, approximately $ 400 million worth of ETH’s withdrawal from the central exchanges. The fact that Abraxas Capital moved 185,309 ETH (about $ 399 million) out of the central exchanges indicates that institutional accumulation feeds the rally. Last week from 800 dollars to 2 thousand 600 dollars of 44 percent rise in such large -scale transfers took place simultaneously. Moreover, the same fund had taken 138 thousand 511 ETH (297 million dollars) exchanges from exchanges a few days ago. Thus, the Abraxas Capital pulled ETH exchanges over $ 695 million in six days.
Stock market shots in ETH are recorded at a record level
Abraxas Capital‘s these transactions show that corporate investors focus on taking long -term positions in Ethereum. The transfer of 185 thousand 309 ETH transfer, which took place in just three days, reduced circulating supply and fed the price rise. In addition, Abraxas Capital’s 138 thousand 511 ETH shooting a few days ago, with a total of $ 695 million in a week of the stock exchanges has emerged.
Abraxas Capital and other individuals’ transactions for the accumulation of other individual and corporate investors The price of EthereumHe’s pulling up. The wave of accumulation arouses the impression that large players are in motion to support the ongoing rally.
This appetite in corporate investors can be caused by a catalyst expectation. Macro developments that are not yet reflected in the pricing or significant news to be announced soon. Moreover, long -term retention intention reveals that investors who do not care about short -term fluctuations trust the market. In the hands of the whales Eth As the amount increases, market participants are trying to measure the size of the next movement in the price.
Ethereum’s price performance and prominent technical levels
Price 50 and 100 days MOST MOVEMENT AVANCIESHe has gained strength by climbing on. Ethereum is currently testing the 200 -day EMA, which is currently 2 thousand 600 dollars. Technical indicators say that the trend remains strong, but short -term retreats should be taken into consideration. Today’s red candle bar gave buyers the opportunity to breathe.
Ema Purchase pressure may increase as the thresholds are passed. In particular, breakage of 2 thousand 600 dollars can activate new buyers. On the other hand, sudden sales prepare the ground for small corrections, as psychological resistors still play an important role. Although there are sudden ups and outbursts in technical indicators, the general trend indicates that the upward direction is upward.
Ethereum’s increasingly rising graph combines with the strategy of big investors, giving clues for new summits. When corporate purchases and technical momentum come together, the price has a high potential to surprise. While market actors question what the next rise trigger will be, the excitement in the crypto money market is increasing.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
