The largest subcoin Ethereum 
$3,435.37The price of 3 thousand 400 dollars climbing $ 3 thousand 400 dollars was the scene of sale of $ 528 million. According to Blockchain data, two large whales in the last three days sell a total of 178 thousand 80 ETHS. he put. Trend Research The institutional wallet and identity hidden in the second wallet rally and reduced the risk. Although the price still retains the rise trend structure, the vendors movement gives a signal of fatigue for a short term.
Trend Research went to profit purchase on the rise
Between 26 February and 20 June, 184 thousand 115 units from an average of 2 thousand 118 dollars Eth Trend Research, the last two days 79 thousand 470 ETH’yi 3 thousand 145 dollars of an average of approximately 250 million dollars of profit. The company’s buying cost was 390 million dollars and added serious return to the after -sales safe.
However, in the wallet, there are still 105 thousand 664 ETHs (about 354 million dollars). In other words, the investor chose to shrink the position instead of completely exiting. The rise of daily RSI to 83.46 and the harsh increase in transaction volume shows that professionals such as trend Research are cautious in the overbming zone.
Whale is a gradual exit from the market with fragmented sales
The unidentified whale, which contributed to the sale of 528 million dollars, collected 132 thousand 536 ETHs from an average of 2 thousand 518 dollars between 11-22 June. In the last eight days, 98 thousand 610 ETHs sold 2 thousand 819 dollars by selling 278 million dollars by selling. The whale’s wallet is still 35 thousand 22 ETH (about 117.5 million dollars) remained. This strategy also points out that it is not completely withdrawn in the market while getting profit.
The price of sales does not shake the price for now. According to CoinMarketcap’s data The price of Ethereum For now, all important moving averages sees. However, the fact that the RSI has entered the extreme purchase zone and the increase in transaction volume suggests that new buyers enter the market at high levels and that large wallets use liquidity. However, as long as the band of 3 thousand 200 – 3 thousand 300 dollars can be preserved, the possibility of the rally will remain on the table without losing acceleration.
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.
