ETHZilla Corp’s recent filing unveils that its Former 10% Owner ELRAY RESOURCES, INC. unloaded Company’s shares for reported $5.04 million on Jul 27 ’25. In the deal valued at $3.00 per share,1,680,000 shares were sold. As a result of this transaction, ELRAY RESOURCES, INC. now holds 2,638,000 shares worth roughly $19.55 million.
Then, ELRAY RESOURCES, INC. sold 777,595 shares, generating $2,472,752 in total proceeds. Upon selling the shares at $3.18, the Former 10% Owner now owns 1,725,148 shares.
Before that, ELRAY RESOURCES, INC. sold 405,148 shares. ETHZilla Corp shares valued at $1,284,319 were divested by the Former 10% Owner at a price of $3.17 per share. As a result of the transaction, ELRAY RESOURCES, INC. now holds 1,320,000 shares, worth roughly $9.78 million.
Maxim Group initiated its ETHZilla Corp [ETHZ] rating to a Buy in a research note published on September 15, 2021; the price target was $11.
Price Performance Review of ETHZ
On Monday, ETHZilla Corp [NASDAQ:ETHZ] saw its stock jump 5.26% to $7.41. Over the last five days, the stock has gained 121.86%. ETHZilla Corp shares have risen nearly 301.19% since the year began. Nevertheless, the stocks have risen 307.14% over the past one year. While a 52-week high of $17.75 was reached on 08/13/25, a 52-week low of $0.66 was recorded on 04/09/25.
Levels Of Support And Resistance For ETHZ Stock
The 24-hour chart illustrates a support level at 6.68, which if violated will result in even more drops to 5.94. On the upside, there is a resistance level at 7.80. A further resistance level may holdings at 8.18.
