6 hours ago

Ethereum Whale Cashes Out $62M as BlackRock Keeps Buying: What’s Next for ETH Price?

TLDR: One Ethereum whale offloaded $62M in ETH, earning $156M from earlier buys at $1,882 per token. BlackRock’s ETHA fund has acquired $1.4B worth of ETH since October, signaling sustained institutional demand. Analysts expect Ethereum’s support near $4,240 and possible rally above $5,000 if resistance breaks. Market watchers view current ETH moves as a pre-parabolic [...]

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Source: Blockonomi →