💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Two Multisig Wallets Purchase Over $100M Worth of ETH in Coordinated Move
Gate News bot message, two multisignature wallets, suspected to be controlled by the same entity, have completed substantial Ethereum purchases totaling $100.54 million.
The transactions involve the acquisition of 33,366 ETH at an average price of $3,013. Specifically, wallet address “0x08d” allocated $57.5 million to acquire 19,088.6 ETH, while wallet “0x5f3” deployed $43.05 million to purchase 14,277.6 ETH.
The full address for the primary wallet involved is 0x08d4658f5ed7e593177ef6ef407b2f64e6fbf3d4.