coin-img-ETHETH-5.69%coin-img-BTCBTC-5.78%coin-img-SOLSOL-3.46%coin-img-XRPXRP-5.01%coin-img-UCNUCN+0.26%coin-img-ASTERASTER-10.76%coin-img-USDCUSDC+0.04%coin-img-STRKSTRK-13.35%coin-img-ETHETH-5.69%coin-img-BTCBTC-5.78%coin-img-SOLSOL-3.46%coin-img-XRPXRP-5.01%coin-img-UCNUCN+0.26%coin-img-ASTERASTER-10.76%coin-img-USDCUSDC+0.04%coin-img-STRKSTRK-13.35%coin-img-ETHETH-5.69%coin-img-BTCBTC-5.78%coin-img-SOLSOL-3.46%coin-img-XRPXRP-5.01%coin-img-UCNUCN+0.26%coin-img-ASTERASTER-10.76%coin-img-USDCUSDC+0.04%coin-img-STRKSTRK-13.35%coin-img-ETHETH-5.69%coin-img-BTCBTC-5.78%coin-img-SOLSOL-3.46%coin-img-XRPXRP-5.01%coin-img-UCNUCN+0.26%coin-img-ASTERASTER-10.76%coin-img-USDCUSDC+0.04%coin-img-STRKSTRK-13.35%
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Wayne Jones

Ethereum Tests $2,870 Support Level as Whale Wallets Increase Holdings

Ethereum fell to $2,870 on Wednesday, reaching an on-chain support level that analyst MAC_D identifies as a potential bottom formation. Smaller wallets reduced positions during the decline, while whale addresses holding over 10,000 ETH continued accumulating. The price drop occurred amid risk-off sentiment before Nvidia's earnings, with markets rebounding after the chipmaker's results exceeded expectations.
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