Ethereum

Coin

<ul class="news-points"> 
 <li>Lookonchain tweeted that a whale had made $1.3M in 2 weeks by trading ETH.&nbsp;</li> 
 <li>Ethereum showed jagged movements throughout the past week, before consolidating.&nbsp;</li> 
 <li>ETH breaks out from a falling wedge, but it has not spiked by the height of the falling wedge at the initial stages of its formation.</li> 
</ul> 
Onchain Market Analyst Lookonchain tweeted that a whale had made $1.3M in 2 weeks. The platform stated that the whale spent 8.63M USDT to buy 5,437 $ETH at $1,587 before the price increased on Oct 20. After that, it sold 5,436 $ETH for 9.93M $USDC at $1,827 2 hours ago. 
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 A whale made $1.3M in 2 weeks!<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> The whale spent 8.63M <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USDT</a> to buy 5,437 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> at $1,587 before the price increased on Oct 20. And sold 5,436 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> for 9.93M <a href="https://twitter.com/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USDC</a> at $1,827 2 hours ago. Address:<a href="https://t.co/ozrxi1Miaf" target="_blank" rel="nofollow">https://t.co/ozrxi1Miaf</a> <a href="https://t.co/DTPL2u9LHm" target="_blank" rel="nofollow">pic.twitter.com/DTPL2u9LHm</a>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1719552522745233732?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 1, 2023</a>
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When looking at the 7-day chart for <a href="https://coinedition.com/what-is-ethereum-complete-guide-to-the-2nd-largest-blockchain-project/">Ethereum</a>, it could be noted that it had jagged price movements. The coin was trading at $1,784 when the market opened for trading for the week. Late on the first day of the week, ETH reached its maximum price of $1,863 before making lower highs and falling below the opening market price …
The post <a rel="nofollow" href="https://coinedition.com/eth-spikes-after-breaking-out-from-the-falling-wedge-is-there-more/">ETH Spikes After Breaking Out From the Falling Wedge, Is There More?</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

ETH Spikes After Breaking Out From the Falling Wedge, Is There More?

Coin Edition

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