Eth Trends

Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Suspicions Arise Around Justin Sun as Ethereum Whale in $160.7M ETH Purchase

Suspicions Arise Around Justin Sun as Ethereum Whale in $160.7M ETH Purchase

Tron’s founder, Justin Sun, is suspected as the ‘Justin Sun Ethereum Whale’ who potentially acquired $160.7 million in ETH via Binance and other decentralized exchanges. The suspicion arises from traced transactions leading back to wallets associated with Sun. Among these wallets, the one with the partial address ‘TWGHNc’ recently withdrew a massive 500 million USDT in Tether from HTX, formerly Huobi. Another wallet, ‘0x7a95’, has also attracted attention due to its closely timed transactions wi

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Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Ethereum Struggles as Bearish Trends Intensify: A Dive Below $1,500?

Ethereum Price Analysis Shows Intensifying Bearish Trends: A Dive Below $1,500?

Ethereum’s price appears to be on a downward slope, edging closer to the $1,500 support level against the US dollar. Despite the potential for a corrective upward shift, significant resistance above $1,565 may cap any positive momentum. In recent trade, Ethereum has found it challenging to launch a recovery above $1,550, with its price trending below both $1,565 and the 100-hourly Simple Moving Average. Notably, two bearish trend lines have formed, with resistance near $1,555 and $1,570 based

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