Ethereum price for a jump? 402 million dollars valuable outflow eth

Ethereum (ETH), the second largest currency in the world, is ready for a huge rally. He recently formed bull prices for action forms in a monthly time frame. The Crypto expert published on X (earlier Twitter), dividing the ETH map and emphasizing that the Bitcoin (BTC) ticket was reflected before its explosive challenge 2024.

Ethereum (eth) mega breakthrough

In the post on X, the expert noted: “The current market structure of the ETH, it looks amazing similar to the installation of bitcoin before the main breakthrough of the previous cycle.” In addition, he stated that if the pattern holds, a big move could be on the horizon.

In addition to this prediction, Kripto investors and long -term owners have consistently accumulated token since the market has experienced a sudden fall.

ETH outflow worth $ 402 million

Data from the COINGLASS video/outflows have found that exchanges have recorded a significant $ 402 million outflow in the last 48 hours. Such a large outflow, due to current insecurity in the market, suggests potential buildup, creating pressure to buy and encourage further cultivation.

It’s time to add ETH, Trump

However, the President of the PRO-CRIPTO Donald Trump has also been revealed to accumulate significantly from its inauguration. Recently, the Executive Vice President of the United States, Eric Trump, made a post on X who attracted wide attention. Eric stated in his post, “In my opinion, it’s a great time to add an ETH.”

All these factors point to Ethereum’s bull’s chances and his potential for massive growth-one missed in 2024 when BTC reached top-notch.

Current momentum of prices

At the time of the press, Ether has been traded close to $ 2,750 and in the last 24 hours has experienced a price drop of over 1.35%. However, during the same period, its trading volume decreased by 18.50%, indicating lower involvement of merchants and investors, potentially due to the high volatility on the market.