The Ethereum (ETH) token has been under a considerable amount of downward pressure, with its price struggling to build on recent momentum. If there is a group of investors that could turn around this situation for the altcoin, it is the large ETH whales.
In a rather interesting turn of events, the latest on-chain data has revealed that this set of large investors has been on a buying spree, purchasing massive amounts of the Ethereum token.
Whales Purchase $230 Million Worth Of ETH – Impact On Price?
Prominent crypto analyst Ali Martinez revealed – via a post on the X platform – that some of the largest whales have been accumulating significant amounts of Ethereum over the past week. This report is based on on-chain data provided by blockchain analytics platform Santiment.
According to Martinez’s post on X, more than 100,000 ETH worth over $230 million were acquired by whales (holding between 1 million and 10 million ETH) in the past seven days. This increase in whale activi
We współpracy z: https://bitcoinist.com/ethereum-whale-to-keep-price-afloat-et-accumulation/
