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Analysis: Whale flight concerns caused market volatility, ETH briefly fell, and now the $2,500 range is volatile
The ETH price fell to $2,500 for a short period of time but then recovered, with trading volumes rising significantly around midnight, especially in the last hour, when more than 48,000 ETH were traded in two minutes, causing the price to fall below the $2,515-2,520 support range. On-chain data shows that around 385,000 ETH have flowed into centralized exchanges such as Binance, sparking speculation that institutional investors may reduce their holdings. The price of ETH is currently oscillating...
2025-06-01 09:58:17
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