Ethereum whales buy the dip, accumulate $236m ETH in 72 hours
Ethereum whales double on the high Altcoin by market capitalization with an impressive 236 million dollars purchase wall in three days.
Ethereum (Ethn) The price continues to negotiate less than $ 2,000, in difficulty in the middle of the recent sales pressure.
However, whales or large -scale investors with substantial ethn assets are not imperturbable.
In fact, chain data show that the largest altcoin in the world by market capitalization has attracted an important purchasing activity from major holders.
On March 21, Crypto Ali Martinez analyst shared a graph showing a peak in the accumulation of ethn whales. According to the analyst, the last decline that saw the retreat of Ethereum prices of more than $ 2,000 allowed the whales to recover more than 120,000 ether tokens – worth almost 236 million dollars – in just three days.
According to Lookonchain, one of these whales has just bought 7,074 ETH worth more than $ 13.8 million. The data on the chain show that the whale withdrew 4.511 ETH worth more than $ 8.81 million in Okx Crypto Exchange, and deposited them in the upper Aaves’ decentralized financial platform.
But the whale did not stop there. They borrowed USDT 5 million from the DEFI protocol and placed it in OKX, the funds used to buy 2,563 ETH for $ 5 million.
During this period, the price of Ethereum fluctuated between $ 1,872 and $ 2,060.
ETH is currently negotiating about $ 1,966, continuing lateral action after abandoning the gains seen when the bulls rallied 7% on Wednesday.
Although agitated performances have ethn holders who are selling, whales have adopted an aggressive approach. This suggests confidence in the potential future price for Ethereum.
Recently, Chartered Standard analysts predicted that ETH could reach $ 4,000 in 2025, although this included a Revised forecasts An anterior bullish grip of $ 10,000 by the end of the year.
This upward perspective by whales also has an optimistic mood.
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