Whale makes a large $ETH purchase: Can the $2,350–$2,400 support hold?

A whale made a large purchase of $1,898,260 worth of $ETH at a price of $2,365.00. It fell 5.7% within $ETH 24 hours. Technical indicators show support between $2,350 and $2,400. A break below $2,350 could bring further downward pressure, with a stop-loss at $2,350.

Source: Whale monitoring

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