Ethereum Accumulation Accelerates – Smart Money Snaps Up 450K ETH

Quick Summary:

Ethereum is now at a pivotal moment following last week’s explosive rally that pushed prices above several key resistance levels.

After surging past $2,700, ETH has pulled back and is now consolidating above the $2,400 mark.

The 200-period EMA and SMA on the 4-hour chart sit well below the current price, at $2,084 and $1,936 respectively, indicating that ETH is still in bullish territory from a trend perspective.

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: Hungary

Topics: ETHUSDT Ethereum news Ethereum Buying Ethereum Whales Ethereum analysis Ethereum Accumulation Ethereum Whales buying ETH Ethereum

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-17 @ 17:30:58 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 620 words

Reading Time: 4 minutes read

Sentences: 60 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28766415

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #105

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