Ethereum $3,331 While Falling, Whales Are Making Intense Purchases

Support Levels for Ethereum Broken

Ethereum has fallen by 3.3% to $3,331, breaking cleanly below the $3,400 support level. This situation indicates an increase in uncertainty in the markets.

On the other hand, whales made a notable move by purchasing 394,682 Ethereum worth $1.37 billion. These purchases occurred between $3,247 and $3,515.

Additionally, trading volume showed a %145 increase at the breaking point. This situation points to the impact of institutional-scale flows in the markets.