ETH Whale buy $39M as Ethereum dey drop, e mean say 25% rebound dey come
Ethereum (ETH) drop like over 12% for 24 hours and 13.6% for the week—from $2,869 go drop reach mid-$2,200s—because US strike Iran and other gbe gbe for ground. During the sell-off, one big whale (0x7355…213) collect about 9,400 ETH (~$39 million) and put am for stake with Lido. On-chain data from Glassnode talk say wallet wey get 10,000+ ETH add 116,893 ETH (wey worth $265 million), show say major holders dem dey keen to buy when price drop. Technical analysis talk say ETH hold one critical uptrend line; if e do one rally like the 55% one before, price fit go up about 25% reach $2,735. Main resistance dey for $2,350—if e no fit pass, price fit test $2,100 or $1,800, but if e break down, price fit go down more. This whale buying and technical support dey show say traders get better hope for ETH.
Bullish
Plenti whale dem dey buy plenti as price sharply drop dey show sey plenty people get strong belief to buy when market dip. On-chain data confirm sey big amount ETH dey flow enter whale dem address dem, and technical indicators dey show sey ETH dey hold important uptrend support wey before don make am rally 55%. The strong whale buying and trendline wey still hold point to possibility sey e go recover by 25% reach $2,735. Even though if price fail for $2,350 resistance e fit bring small short-term waka downside, the current momentum and how people dey gather support say make bullish mindset dey, wey mean sey conditions good for both short-term trade and long-term position.