Ether’s $1500 Test Amid Whale Moves
from Bitcoin & Crypto News Today | 2 Min News | The Daily News Now!
Thirty-seven thousand ETH from eight-year dormant wallets is suddenly active as Ether hovers near $1,500, sending mixed signals to investors. Long-term holders now face their first negative profitability since 2019, with nearly all whales sitting on unrealized losses. Yet, major players continue buying—some swapping Bitcoin for Ether, others accumulating from exchanges. BlackRock’s move to Coinbase Prime signals ongoing institutional engagement. Analysts note this whale loss pattern often precedes market bottoms, but pressure is mounting. The $1,500 level is now critical—its defense could determine whether bullish momentum holds or if the market faces renewed downside. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/64dca069cd4b39e8
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