Ethereum holds steady near $1.5K.
The market has witnessed ETH liquidations worth $17.69 million.
Crypto assets remain trapped in the fear zone, with mixed signals across the market, triggering an uncertain price trajectory. The largest altcoin, Ethereum (ETH), continues to be held down by bearish pressure, slipping by 0.30%.
The bearish territory established by Ethereum seems impossible to escape. An upturn could reinforce once the altcoin breaks above $2K. ETH opened the day trading at $1,564. The brief wave of bulls has pushed the asset to $1,615, and it has failed to hold the range, slipping down.
At press time, Ethereum traded within the $1,590 range, with its market cap reaching $191 billion. The daily trading volume has touched $10.86 billion. Notably, the market observed a liquidation of $17.69 million worth of Ethereum during this period.
Furthermore, as per on-chain data, a whale recently bought 10,328 Ethereum for $16.37 million at $1,585 each. It gener
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