A Dormant Ethereum Whale Just Woke Up After 10 Years and Dumped $23 Million in an Hour: Is $2,300 at Risk?

A Dormant Ethereum Whale Just Woke Up After 10 Years and Dumped  Million in an Hour: Is ,300 at Risk?

A wallet that received ETH on July 30, 2015, Can Ethereum Price Hold $2,000 After the Whale Liquidation?ETH is sitting right on $2,300, and that level is doing all the work right now. It has held multiple times, but the structure above it is still weak, with lower highs forming and no clear breakout. If it holds, ETH can stabilize and grind back toward $2,800.Source: Tradingview$2,400 is the first real resistance, and $2,800 is the level that actually flips the broader structure back bullish.Below, $2,200 is the first support, but if that breaks, $1,880 comes into play fast, and that is where liquidation pressure starts to build.So the setup is simple, hold $2,300 and it stays stable, lose it and downside opens quickly.Discover: The best pre-launch token salesThe post A Dormant Ethereum Whale Just Woke Up After 10 Years and Dumped $23 Million in an Hour: Is $2,300 at Risk? appeared first on Cryptonews.