Ethereum Near $2,400 Triggers Opposing Whale Trades as Price Pulls Back

Ethereum briefly approached $2,400 before retreating, prompting Intuition CEO Billy Luedtke to sell 3,285 ETH to lock in gains, according to the source.

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Terms & Concepts
  • Whale: A market participant holding enough crypto to influence trading activity with large transactions.
  • ETH: The native cryptocurrency of Ethereum, used to pay network fees and support blockchain activity.
  • Ethereum: A blockchain network that supports smart contracts (self-executing blockchain code) and decentralized applications.