Market News / Story
Ethereum Price Analysis: Whale Liquidated, Is $2,400 Next?

99Bitcoins ·
99Bitcoins reports: Ethereum is trading at $2,500, down 2.5% over 24 hours. That drop puts ETH damaged from a sharp retreat below resistance. The key question for this Ethereum price analysis is whether buyers can defend the next support band or whether the market is headed lower. Institutional demand has been a headwind. U.S. spot Ethereum exchange-traded funds (ETFs) recorded about $161 million in net outflows in the latest reported session, extending the streak to seven days; BlackRock’s…