Ethereum (ETH) 
$4,303.87 Although it continues to hold above $ 4,300, in -blockchain data indicates a remarkable change in investor behavior. Although the whale level wallets that make large purchases are still effective in the market, the overall participation decrease. 0x4ed0, which stands out with its persistent purchases that started in mid -August, has recently purchased 5,553 ETH (24.44 million dollars). The wallet has accumulated a total of 18,447 ETH ($ 81.05 million) and 1,357 WBTC ($ 160 million).
The power of their whales in Ethereum is weakening
0x4ed0… Address is the latest ETH purchase Aave He made it over and supported his purchase with a USDT borrowing of $ 114.02 million. Although the current table reveals the trust of whales in Ethereum, leveraged transactions are warned that the price can increase the volatility. Purchases that have been ongoing since August provide a strong image on an individual scale, but in -blockchain data reveals that it does not reflect the general table.
While there is no significant increase in the number of large wallets, the stock market Eth There is also a significant slowdown in their outlets. This shows that the participation is not spread to the base despite the preservation of strong buyers in the market. In other words, while some whales insist on purchasing, a significant segment prefers to wait outside the market or to make capital rotation.
This separation is critical for Ethereum’s future price movement. Because when there is no large -based participation, the rise in the price becomes open to the movements of a small number of investors. This causes even a small wave of sales to lead to harsh retreats at the price.
Current technical view in Ethereum
From a technical point of view, Ethereum is still in the rise trend. It continues to remain above the $ 4,050 level corresponding to the 50 -day moving average. The level of $ 3330 stands out as stronger support. Being above these levels shows that the price is in the safe zone for now. However, the lack of participation in Blockchain data makes the permanence of this technical appearance controversial.
Currently, investors have turned their eyes to the weight of whale movements on the market. If the existing large buyers start to close their leveraged positions, harsh decreases in ETH’s price may come up. For this reason, not only individual whale purchases, but also stinging, decentralized finance and ecosystem demand, such as demanding broader participation is needed.
Ethereum’s long -term price stability depends on much more than a limited position of whales. The sustainability of the rise without the participation of a large investor base is at risk.
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.
