Ethereum has shown resilience despite a significant sell-off by Trend Research, which offloaded 102,355 ETH valued at $455 million since October 1. The cryptocurrency is trading near $4,590, maintaining stability amid increased selling pressure from large holders. On-chain data reveals a predominance of sell orders from whales over the past week.
Retail traders have increasingly turned to the Futures market, with Futures Taker CVD data indicating a 'Taker Sell Dominant' trend. Despite this, Ethereum's DMI and RVGI indicators suggest the potential for an uptrend continuation if the current momentum persists.
Ethereum Holds Steady Despite $455M Whale Sell-Off
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