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TronWeekly

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Ethereum Drops Following a Sale of $16.88 Million ETH by a Whale At a Loss

  • A crypto whale selling 7,000 Ethereum (ETH) at a $16 million loss led to a drop in the cryptocurrency's value.
  • Market tension and bearish pressure are increasing, indicated by the RSI and MACD indicators.
  • Investors are closely watching if ETH can maintain support above $2,400 amid growing fear in the market.
  • The whale, who still holds over $15 million worth of ETH, sold a significant amount, causing a ripple effect in the market.

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