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Whales and Institutions Using Ethereum Bulls As Exit Liquidity As ETH Rejects From Resistance: Top Analyst

By Daily Hodl Staff at 2026-05-02 07:30

Sentiment: Negative

A widely followed crypto analyst says that large entities are using bullish Ethereum (ETH) traders as liquidity to exit the markets. In a new DataDash update, crypto analyst Nicholas Merten tells his 512,000 YouTube subscribers that many ETH traders are now trapped after Ethereum got rejected from resistance. “We were talking about how Ethereum was going […] The post Whales and Institutions Using Ethereum Bulls As Exit Liquidity As ETH Rejects From Resistance: Top Analyst appeared first on The Daily Hodl. Continue reading...

Categories: Ethereum

Tags: #Ethereum #Trading #ETH #News #Nicholas Merten

Source The Daily Hodl