According to Lookonchain, a significant Ethereum whale has sold all 10,511 ETH, valued at $19.2 million, at a price of $1,828 per ETH. This large-scale liquidation may signal bearish sentiment or profit-taking and could introduce short-term downward pressure on Ethereum's spot price and derivatives markets. Active traders should monitor sell-side liquidity and order book depth for potential volatility and use this transaction as a reference for possible resistance zones near the $1,828 level. Source: Lookonchain (x.com/lookonchain/status/1917190288139022619)

According to Material Indicators, recent trading patterns in the crypto market show increased volatility, with Bitcoin leading significant price movements. The analysis emphasizes the importance of monitoring order book liquidity and volume as crucial indicators for traders (source: Material Indicators).