Ethereum

Spot

Coin

<ul class="news-points"> 
 <li>Whales are accumulating millions of ETH as the price continues to trade above $1,800.</li> 
 <li>If market participants fail to take unrealized profits, ETH may rise in the $2,000 direction.</li> 
 <li>ETH worth $210 million left centralized exchanges, indicating a bullish sentiment.</li> 
</ul> 
<a href="https://coinedition.com/ethereum-will-reach-10k-faster-than-people-anticipate-expert/">Ethereum (ETH)</a> has experienced a surge in whale interest lately, according to on-chain data. To start with, on-chain insight platform, Spot On Chain, revealed that a loyal ETH whale has re-accumulated the coin. 
According to Spot On Chain, this time, the whale accumulated $15.9 million worth of ETH at $1.826. Moments later, the whale made a profit of $5.48 million after sending some of the coins to Binance. 
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 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> Smart whale 0xb15 re-accumulated 8,698 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> ($15.9M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a> at $1,826 ~1hr ago. – He just deposited <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a> near the local peak and realized $5.48M in his last trade. – Overall, he is very good at buying low and selling high <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a>, having realized a total… <a href="https://t.co/wdBFar6qVW" target="_blank" rel="nofollow">https://t.co/wdBFar6qVW</a> <a href="https://t.co/h2gyCFW0qn" target="_blank" rel="nofollow">pic.twitter.com/h2gyCFW0qn</a>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1720585206959362478?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 3, 2023</a>
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Lookonchain, another analyst, also mentioned another whale exchange Tether [USDT] for 8,698 ETH on the Binance exchange. A fe…
The post <a href="https://coinedition.com/ethereum-will-rising-whale-interest-drive-eths-growth/">Ethereum: Will Rising Whale Interest Drive ETH’s Growth?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ethereum: Will Rising Whale Interest Drive ETH’s Growth?

Coin Edition

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