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Over 150,000 ETH Moved To Exchanges In The Last 24 Hours: What’s Next For Ethereum?

  • Ethereum has risen by 5% in the last day and nearly 10% over the past week, breaking above the $2,400 support level.
  • Over 150,000 ETH has been transferred to leading exchanges like Binance and Coinbase in the last 24 hours, potentially indicating the intention to sell.
  • The transfer is the largest to exchanges in over nine months, raising concerns among investors.
  • If Ethereum closes above $2,800, it could set a base for a potential rise to $3,500, with increasing volatility and buying pressure observed.

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