Ethereum (ETH) Poised for 15% Rally, Eyes on $2,200 📈
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is capturing the interest of crypto enthusiasts due to recent developments. Blockchain analytics platform Lookonchain observed significant activity involving Ethereum, posting on X (formerly Twitter) about a whale liquidation. A major holder liquidated 160,234 ETH, valued at $306.85 million.
This substantial liquidation has stirred speculation and optimism, with some analysts predicting a possible 15% price increase, eyeing the $2,200 mark. The potential for upward movement in Ethereum's price reflects ongoing volatility in the cryptocurrency markets, driven by large transactions and investor sentiment.
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