A giant Ethereum whale transferred 3,732 ETH to Coinbase in the midst of a 10 percent price drop and increasing market fear. However, analysts believe that this is a purchase opportunity because Ethereum is preparing for the next rally. Although some predict a 700 %rally for Altcoin, Donald Trump’s decisions may affect orbit.
When the price fell hard, the giant whale emptied ETH loaded to Coinbase!
Although the market has the second largest crypto currency, ETH was not resistant to the volatility and unpredictability of the market. In the midst of the dominance of bears, the price of Altcoin lost 10 %of its value within only one week. In addition, according to the December 2024 Summit, 54 %of its value lost and seriously affected investors’ feelings.
As a result, reports reveal that short -term investors have lost more than $ 400 million. It also shows that investors are in fearful emotions in the midst of the mutual tariff event. An Ethereum whale alone transferred 3,732 ETH, equivalent to $ 6.82 million on the Coinbase exchange. If the whale sells them, he will suffer surprisingly like $ 1.8 million.
Experts see the Altcoin price drop as an opportunity to purchase!
Although the loss and seller activity is high, ETH Stake and Stock Exchange Reserve reports show that long -term investors maintain their rise. Currently, ETH is trading for $ 1,869 with an increase of 3.25 %on a daily basis. Although the whale starts, experts are waiting for a strong recovery for Ethereum.
Ethereum’s strong crypto currency status keeps investors’ rise perspective alive. Analysts like Cryptoelıtes believe that ETH hit the bottom and will rise by 700 %by the end of the year.
Another suggests that although Ethereum and other cryptos have spent the worst first quarter of the seven years, it will be difficult and fast. Donald argues that macroeconomic factors such as Trump’s tariffs and inflation concerns trigger this downward trend instead of a break in historical cycles.
5,000 dollars estimated for leader Altcoin
However, experts also believe that upcoming macroeconomic investments such as tariffs and inflation reports will help to recover. In an X post, crypto analyst Symbiote claims that the rise in gold and inflation will lead to decreases by pushing investors to crypto currencies.
The analyst believes that if inflation is controlled, these events can trigger a change in crypto currencies. From this point of view, he estimates that the ETH price will rise to $ 5,000. Analysts refer to the 2017 rally, where ETH, which provides 46 -fold returns by leaping from $ 30 to $ 1,400. Ethereum price estimation of analysts blending historical performances and macroeconomic events points to an approaching rally.
