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Ethereum Whales In Panic Selling, ETH Buy The Dip Narrative Fails?

CoinGape LogoCoinGape13h ago

Ethereum Whales In Panic Selling, ETH Buy The Dip Narrative Fails? - CoinGape

Quick Summary:

Ethereum whales have resolved to panic selling as per the on-chain data after ETH price failed to hold crucial support levels, dropping another 7% today and slipping under $2,300.

As market sentiment weakens, whales have offloaded millions of dollars worth of ETH during the past week.

Market analysts have mixed opinions on Ethereum price action recently.

More Pictures

Ethereum Whales In Panic Selling, ETH Buy The Dip Narrative Fails? - CoinGape (Picture 1)Ethereum Whales In Panic Selling, ETH Buy The Dip Narrative Fails? - CoinGape (Picture 2)Ethereum Whales In Panic Selling, ETH Buy The Dip Narrative Fails? - CoinGape (Picture 3)Ethereum Whales In Panic Selling, ETH Buy The Dip Narrative Fails? - CoinGape (Picture 4)

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 06:56:08 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 409 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26471738

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 29 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Ethereum Whales In Panic Selling, ETH Buy The Dip Narrative Fails?" was covered 13 hours ago by CoinGape, a news publisher based in India.

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CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 29 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26471738
  • URL: https://chronographically.beamstart.com/news/ethereum-whales-in-panic-selling-17406396022993

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