Futures
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One platform for global traditional assets
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Ethereum Battles Whale Sales While Recovering
The well-known cryptocurrency analyst Ted has pointed out on X that sustained selling by large investors continues to pressure the price of Ethereum (ETH), which is currently around $2.05K. According to the latest data, the altcoin has increased by 5.89% in the last 24 hours, although selling activity from major holders limits its upside potential. Analysts suggest that ETH needs to break through the $2.40K resistance to establish a stronger rebound and counteract the selling pressure that characterizes whale behavior in the current market.