Ethereum

Compound

Bitcoin

While the leading cryptocurrency Bitcoin dropped to $ 35,500 in its recent decline, it rose again to over $ 36,000 with a 2% increase in the last 24 hours.
While this decline in BTC also affected altcoins, the largest altcoin, Ethereum, also retreated.
At this point, while ETH dropped to $ 1,900, it increased by 2.3% in the last 24 hours to $ 1,959.
Taking advantage of this decline in ETH, whales started buying.
According to Lookonchain's post, two new wallets purchased 21,076 ETH worth $41.23 million from the Bitfinex exchange.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 2 fresh wallets withdrew 21,076 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> ($41.23M) from <a href="https://twitter.com/hashtag/Bitfinex?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitfinex</a> just now.<a href="https://t.co/6eVMFB5yyM" rel="noopener noreferrer nofollow">https://t.co/6eVMFB5yyM</a><a href="https://t.co/r6etEvYiaK" rel="noopener noreferrer nofollow">https://t.co/r6etEvYiaK</a> <a href="https://t.co/MQahH5lAk1" rel="noopener noreferrer nofollow">pic.twitter.com/MQahH5lAk1</a>
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1725910906226503887?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 18, 2023</a>
</blockquote>
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Another whale withdrew 7,324 ETH from Binance, worth $14.3 million. The whale who deposited these ETHs to Compound borrowed 9 million USDT from Compound.
Whale then deposited 9 million USDT to Binance to buy more ETH.
<blockquote>
 “This whale is currently accumulating ETH again.
 The whale withdrew 7,324 ETH ($14.3 million) from Binance. He then deposited these ETHs to Compound and borrowed 9 million USDT in return.
 He then deposited 9 million USDT to Binance to purchase more ETH.”
</blockquote>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 This whale is long <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> again just now!
 The whale withdrew 7,324 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>($14.3M) from $Binance.
 Deposited 7,324 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>($14.3M) to <a href="https://twitter.com/hashtag/Compound?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Compound</a> and borrowed 9M <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$USDT</a>.
 Then deposited 9M <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$USDT</a> to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> to buy more <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>.<a href="https://t.co/ueXUiCokc2" rel="noopener noreferrer nofollow">https://t.co/ueXUiCokc2</a> <a href="https://t.co/rcEUJq2J6b" rel="noopener noreferrer nofollow">pic.twitter.com/rcEUJq2J6b</a>
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1725912379312210118?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 18, 2023</a>
</blockquote>
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*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/preparing-for-the-bull-whales-started-buying-in-this-altcoin/" rel="noopener noreferrer nofollow">Preparing for the Bull, Whales Started Buying in This Altcoin!</a>

Preparing for the Bull, Whales Started Buying in This Altcoin!

Bitcoin Sistemi EN

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