Ethereum

Accumulate

2024

Billion

<ul class="news-points"> 
 <li><strong>Whales bought over 700K ETH in three weeks with $2.45B amid the downturn.</strong></li> 
 <li><strong>These whales are investors holding between 10,000 and 100,000 ETH tokens.</strong></li> 
 <li><strong>TD Sequential indicator issued a buy signal on the Ethereum daily chart.</strong></li> 
</ul> 
<p>Amid ongoing selling pressures in the <a href="https://coinedition.com/why-this-crypto-analyst-is-betting-big-on-bitcoin-and-ethereum/">Ethereum market</a>, 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.&nbsp;</p> 
<p>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 $2.45 billion influx into the Ethereum market despite the current downturn.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Ethereum</a> whales have bought over 700,000 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> in the past three weeks, totaling approximately $2.45 billion! <a href="https://t.co/sfmXnkqD49" target="_blank" rel="nofollow">pic.twitter.com/sfmXnkqD49</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1802110427825897808?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 15, 2024</a>
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<p>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…</p>
<p>The post <a href="https://coinedition.com/ethereum-whales-accumulate-2-45-billion-eth-as-prices-dip/">Ethereum Whales Accumulate $2.45 Billion ETH as Prices Dip</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Ethereum Whales Accumulate $2.45 Billion ETH as Prices Dip

Coin Edition

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