Amid ongoing selling pressures in the Ethereum market, prominent investors are seizing the opportunity to accumulate ETH in anticipation of the next bull market phase. In a post on X yesterday, on-chain analyst Ali Martinez called attention to the significant activity of Ethereum whales.
Citing data from the market intelligence platform Santiment, Martinez revealed that ETH whales have purchased over 700,000 tokens in the last three weeks, amounting to a substantial $2.45 billion influx into the Ethereum market despite the current downturn.
This latest update from Martinez follows an earlier one in which he disclosed that Ethereum whales bought about 240,000 tokens worth about $840 million in one day during the asset crash to $3,434. Notably, these whales are investors hol…
The post Ethereum Whales Accumulate $2.45 Billion ETH as Prices Dip appeared first on Coin Edition.
Amid ongoing selling pressures in the Ethereum market, prominent investors are seizing the opportunity to accumulate ETH in anticipation of the next bull market phase. In a post on X yesterday, on-chain analyst Ali Martinez called attention to the significant activity of Ethereum whales.
Citing data from the market intelligence platform Santiment, Martinez revealed that ETH whales have purchased over 700,000 tokens in the last three weeks, amounting to a substantial $2.45 billion influx into the Ethereum market despite the current downturn.
This latest update from Martinez follows an earlier one in which he disclosed that Ethereum whales bought about 240,000 tokens worth about $840 million in one day during the asset crash to $3,434. Notably, these whales are investors hol…
The post Ethereum Whales Accumulate $2.45 Billion ETH as Prices Dip appeared first on Coin Edition.