- Ethereum price is close to a psychological support level at $1,200 after yielding 7% losses over the past week.
- Tether coordinated with a third party to move 1 billion USDT from Solana to the Ethereum blockchain on Friday.
- Analysts expect Ethereum price to recover and make a comeback above the 200-day moving average at the $1,600 level.
Ethereum whales have been scooping up the altcoin through the recent dip in its price. The second-largest cryptocurrency by…
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