- Ali revealed in an X post today that whales have not yet purchased ETH as it breaks above $2K.
- In the post, the analyst predicted that ETH may rise higher after whales begin to accumulate it.
- At press time, ETH was trading at $2,106.22, following a 24-hour gain of 9.47%.
The renowned cryptocurrency trader and analyst Ali revealed in an X post that Ethereum (ETH) was able to reclaim a position above $2,000. What makes the altcoin leader’s break above this mark more impressive is the fact that it took place without the involvement of cryptocurrency whales.
#Ethereum has reclaimed the $2,000 threshold, and intriguingly, this is all happening before whales have even started buying $ETH! pic.twitter.com/wrgESGXoU6— Ali (@ali_charts) November 10, 2023
In a comment, Ali added that the cryptocurrency’s price may continue to rise in the next few days should whales begin accumulating ETH. However, he did reveal that he is not so confident that the rest of the altcoin market will rise alongside ETH.
CoinMarketCap data indicated that ETH maintained a position above the key $2K mark at press time and was trading hands at $2,106.22. This was after the leadin…
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