{"id":146662,"date":"2025-01-13T21:00:44","date_gmt":"2025-01-13T19:00:44","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=146662"},"modified":"2025-01-13T17:10:29","modified_gmt":"2025-01-13T15:10:29","slug":"ethereum-faces-pressure-as-whales-sell-amid-weak-market-performance","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethereum-faces-pressure-as-whales-sell-amid-weak-market-performance\/","title":{"rendered":"Ethereum Faces Pressure as Whales Sell Amid Weak Market Performance"},"content":{"rendered":"

With ETH<\/a> <\/strong>supply nearing pre-Merge levels, the market faces mounting challenges.<\/p>\n

Blockchain data reveals that a prominent Ethereum whale recently sold 10,070 ETH for $33 million at $3,280 per ETH, incurring a $1 million loss. This sale follows the withdrawal of 24,029 ETH from Binance into multiple wallets over the past few weeks. Meanwhile, Tron\u2019s Justin Sun has deposited over $320 million worth of ETH into HTX in recent hours, part of a broader transfer totaling $1.1 billion since late 2024.<\/p>\n

Analysts note Ethereum’s supply has been inflationary over the last 10 months, reversing initial deflationary trends post-Merge. The growing supply is closing in on pre-Merge levels, with ETH currently trading near $3,186. Key resistance zones are between $3,360 and $3,450, while support lies around $3,066.<\/p>\n