Ethereum

Gemini

bullish

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/ethereum-whales-increase-holdings-despite-market-fluctuations/" data-wpel-link="internal">Ethereum Whales Increase Holdings Despite Market Fluctuations</a> 
While Ethereum experienced significant volatility in 2024, the <a href="https://newslinker.co/what-are-the-future-technologies/" target="_blank" rel="noopener" data-wpel-link="exclude">future</a> price movements remain a topic of interest. Analysts speculate that Ethereum, which recently retreated from the $4,000 mark, could potentially drop to $2,000. Amidst this, large <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> are increasing their ETH holdings, possibly indicating a bullish outlook. 
<h2 style="text-align: justify" id="ethereum-whales-take-action">Ethereum Whales Take Action</h2> 
Despite significant drops in <a href="https://en.coin-turk.com/bitcoin-whales-caught-millions-in-btc-transferred-as-prices-drop/" data-wpel-link="internal">cryptocurrency</a> prices, whales continue to make purchases. The ongoing acquisitions by Ethereum whales, known for their market dominance, suggest they maintain faith in a market rise. 
Recently, a whale withdrew 10,000 Ethereum from the Gemini exchange and transferred it to an unknown wallet. Despite this move, the market continued to decline. 
<h2 style="text-align: justify" id="analysts-views-on-ethereum">Analysts’ Views on Ethereum</h2> 
Amid market fluctuations, analysts have mixed feelings. Some predict a rise to $10,000 or more, while others foresee a drop to $2,000. 
Firstly, looking at Anatar’s Ethereum commentary, he suggested an inevitable price drop: 
<blockquote> 
 Fear it, run from it, destiny still arrives. 
</blockquote> 
He concluded his comment by pointing to $2,000. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-386742" src="https://coin-turk.com/wp-content/uploads/2024/09/ethereum-1-analiz-coin-turk-com.jpg" alt="" width="1453" height="861"> 
On the other hand, some analysts maintain a positive outlook. Analyst Yoddha indicated a potential rally on X, stating that he doesn’t care how long the consolidation lasts: 
<blockquote> 
 I don’t care if it consolidates for another month. I’m sure #Ethereum is gearing up for five-digit figures. 
</blockquote> 
His shared graph shows projections reaching up to $14,000. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-386741" src="https://coin-turk.com/wp-content/uploads/2024/09/ethereum-2-analiz-coin-turk-com-scaled.jpg" alt="" width="2560" height="1783"> 
Meanwhile, all eyes were on Ethereum’s price. At the time of writing, the price continued to fall. After a 7.75% drop in the last 24 hours, ETH was trading around $2,186. Following the decline, the market cap further decreased to $263 billion. 
These price movements suggest that Anatar’s prediction might be more likely. 
The post <a href="https://en.coin-turk.com/ethereum-whales-increase-holdings-despite-market-fluctuations/" data-wpel-link="internal">Ethereum Whales Increase Holdings Despite Market Fluctuations</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Ethereum Whales Increase Holdings Despite Market Fluctuations

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