Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ALTCOIN NEWS»After $3,000, could Ethereum price fall to $2,000 next?
ALTCOIN NEWS

After $3,000, could Ethereum price fall to $2,000 next?

By Crypto FlexsApril 18, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
After ,000, could Ethereum price fall to ,000 next?
Share
Facebook Twitter LinkedIn Pinterest Email
  • ETH has corrected up to 17% over the week and could fall further below $2,400.
  • As of this writing, market sentiment towards ETH is neutral.

Ethereum (ETH) fell below $3,000 over the past 24 hours after its price fell 3.24%, according to CoinMarketCap.

The second-largest cryptocurrency has corrected as much as 17% for the week as bulls struggle to overcome downward volatility in the broader market.

However, market participants appear to be reacting differently to the ongoing recession. Some want to profit from their investments, while others are looking to accumulate ETH at low prices.

Buy or Sell?

The whale, known for its dip-buys, purchased 3,279 ETH worth $9.75 million at current prices on Wednesday, according to Lookonchain, an on-chain tracking data platform.

The influential investor recently doubled his ETH investment, holding a whopping 86,457 ETH tokens as of April 17.

On the other hand, Whale, an active participant in the ICO in 2015, sold 2,000 ETH at a selling price of $2,997, Spot On Chain data showed.

Whale received 33,213 ETH as part of the ICO at a price of $0.31. So, recent sales have increased our profits several times.

How has the broader market reacted?

To better understand the market reaction to ETH’s slump, AMBCrypto examined Santiment’s whale indicator.

In particular, the numbers of two groups of whales (1,000 to 10,000 and 100,000 to 1 million) increased over the week, suggesting they were accumulating.

However, at the same time, wallets holding 10,000 to 100,000 ETH fell and showed a sell signal.

Ethereum whale trading

Source: Santiment

The aforementioned indicators reinforce the “mixed” response narrative described earlier in the article.


Is your portfolio green? Check out our ETH Profit Calculator


Measuring ETH’s next move

The Ethereum Fear and Greed Index somewhat hinted at the above-mentioned reasoning. According to the last update, market sentiment towards ETH was neutral and there was no clear bias towards buying or selling.

AMBCrypto previously reported that ETH is at risk of falling further to the $2,000-$2,400 level.

Next: History After Bitcoin Halving – All the Highs BTC Price Can and Can’t Reach

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

Why DEGO Price tank 60%after moving USD1 Stablecoin

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

NVIDIA’s BLACKWELL Architecture MLPERF has set up new performance standards.

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

Bitfinex updates version 1.116 improved platforms

June 6, 2025

Encryption leverage: 2025 trend and change analysis

June 6, 2025

Why DEGO Price tank 60%after moving USD1 Stablecoin

June 6, 2025

SEI Network opens up the way of autonomous AI economy.

June 6, 2025

SEI hit 621K wallet and $ 930m tvL, but two regions should pay attention.

June 6, 2025

Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

June 6, 2025

COREWEAVE is a NVIDIA GB200 Super Chip that achieves recorded MLPERF benchmarks.

June 6, 2025

Bitcoin dives for less than $ 102K in fading momentum and macroscopic uncertainty.

June 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

NVIDIA’s BLACKWELL Architecture MLPERF has set up new performance standards.

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025
Most Popular

Will we soon fall to $ 0.23? What the data suggested

January 30, 2025

The native network is thriving, with over $735 million locked in the ecosystem.

December 26, 2023

Nigerian startup Zone raises $8.5 million in seed funding round

March 20, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.