💰ETH Price: Fresh Wallet Scoops Up 29K Coins From Coinbase, What’s Next?

Irma - May 15 - - Dev Community

A fresh wallet, 0xdfd, accumulated 28.99K ETH from Coinbase, alongside further whale activity, signaling optimism for Ethereum's future amidst a turbulent market. 🐋

⚖️ Legal Turmoil and ETF Uncertainty

Ethereum faces legal uncertainties, impacting the fate of an anticipated ETF. Recent obstacles in the ETH security lawsuit raise concerns, with mixed sentiments among traders and investors.

💹 Ethereum Price Movements

ETH's price rose slightly to $2,906, with market cap reaching $349.08 billion. However, reduced trading volume and market activity contribute to ongoing volatility. Technical indicators suggest short-term turbulence, pending lawsuit outcome. 📉

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