Oh, what a grand spectacle! A certain Ethereum wallet, long thought to be tucked in bed with the fishes, has suddenly sprouted a snorkel and dived into staking. And guess what? It’s worth 120 million dollars! 🤑
A particularly cheeky Ethereum ICO wallet-holding a tidy 40,000 ETH-has finally woken up after a decade-long nap. Instead of selling its treasure like a greedy goblin, it chose to stake it all. Meanwhile, technical analysts (those cryptic wizards of charts) are whispering about support zones at $2,200-$2,400. Fancy a game of crypto chess? Let’s begin!
The cryptocurrency realm gasped as a dormant Ethereum wallet, 0x2dCA, burst into action. According to Lookonchain on X, this sleepy giant held 40,000 ETH (worth 120 million dollars). For ten years, it napped like a dragon guarding gold. Now? It’s time to play!
Source: Lookonchain on X
This wallet’s treasures were bought in July 2015 for a measly $12,000. But the whale, that clever octopus, didn’t sell. It staked! Why, that’s more patient than a teapot waiting for the kettle to sing. This move screams confidence-like betting your last sock on a rocket launch 🚀.
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Smart Money Dances While Markets Do the Cha-Cha
Analysts, those sly foxes of finance, are eyeing Ethereum’s price points like hungry squirrels eyeing a nut stash. Ali Charts on X suggests investors should dollar-cost average at 2200, 1500, and 1100. “Buy the dip!” they cry, while sipping chamomile tea.
Source: Ali Charts on X.
Eljaboom, the oracle of X, warns retail traders: “Don’t blink! You’ll miss the show.” Ether is currently testing a generational support trendline. Smart money? They’re adding chips to the pot, not cashing out. Retailers? Still arguing over Monopoly money. 😅
Source: Eljaboom posted on X
The $2,200-$2,400 zone isn’t just a number-it’s a circus entrance! The chart looks like a rising base from 2020, and we all know what happened next. Cue the fireworks! 💥
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History’s Bull Market Magic Trick
Technical charts are throwing confetti! According to market gurus, if ETH/BTC breaks past certain levels, it’ll be a ticker-tape parade to the moon. The chart? A crystal ball predicting highs. Who needs a wand when you’ve got a blockchain?
While everyone’s waiting for a crash, the charts are scribbling a different story. It’s a textbook leg-up to new heights! Macro pressures? Just a pre-party hiccough.
Top addresses are hoarding ETH like squirrels in a nut bonanza. The Top 1% Supply Rise? 97.6%-up from 96.1% last year! And the Eth2 Beacon Deposit Contract? It’s holding 72.4 million ETH, valued at 203 billion. That’s enough to buy a small asteroid. 🌌
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2025-12-03 03:31