Ethereum Hangs Near $3,200 as Whales Clash With Exchanges in a Tug-of-War for Market Control

Ethereum is currently trading around the $3,200 mark, as significant market participants, often referred to as "whales," engage in a fierce battle with cryptocurrency exchanges. This ongoing conflict resembles a tug-of-war, with both sides vying for dominance and control over the market dynamics, influencing the price and future of this leading digital asset. The tension between these powerful entities highlights the complexities of the cryptocurrency landscape, where large holders of Ether and trading platforms are both playing crucial roles in shaping market behavior and investor sentiment. source: https://blocknews.com/ethereum-hangs-near-3200-as-whales-clash-with-exchanges-in-a-tug-of-war-for-market-control/