Ethereum Whales Quietly Filled Up On ETH While Broader Market Panicked
Ethereum crumbled with the market during the last crash and is yet to recover to previous levels. The crash was characterized by sell-offs and liquidations from all angles, which continued even when the price dumped further. Fear of a bear market sparked this as investors wanted to get out before the price fell further. But not everyone followed this trend of dumping. Whales have always been known to move differently from smaller investors when it comes to the crypto market and this time was no different. While investors panic sold their holdings at low prices, these whales quietly gobbled....
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Ethereum holders have been filling up their bags while the broader market had panicked through the dip it seems. The digital asset which had suffered from crashes and dips that had hit the market had seen its value fall as low as $2,500. However, these ‘diamond hands’ holders had remained unfazed given that data showed that they continued to accumulate ETH tokens all through the market dip. Ethereum Holders Load Up Ethereum holders, especially those who have held for longer, are more likely to add coins to their holdings while the market is in a downtrend. This was the case during the last....
Ethereum whales are now back in profit as the ETH price continues to climb, defying the broader market downtrend. Data from the on-chain analytics platform CryptoQuant indicate that these whales are investors with wallets holding over 100,000 ETH. The sudden move into profitability raises the question of whether these large-scale investors will hold their positions or sell immediately, as key historical chart patterns signal a potential price surge for ETH in the coming months. Ethereum whales are reportedly back in the green after sitting on a pile of paper losses following ETH’s....
What to Know: $XRP is holding $2.65 with critical support at $2.62 and resistance at $2.75. Experts predict a potential run to $3 if the key resistance level is broken. XRP ETF approval hopes and Fed rate cut fueling market optimism. Smart money is flowing into utility-focused presales ahead of altcoin season. $XRP is once again ignoring the broader market while Bitcoin and Ethereum decline red. Currently hovering above $2.65 with a cheeky 1.5% gain, $XRP didn’t get the memo that everyone else is having a bad time. According to crypto expert CRYPTOWZRD, $XRP needs to stay above the....
Ethereum whales are no doubt some of the biggest fans of meme coin Shiba Inu but it seems even the whales are starting to feel the heat of the downtrend. This has resulted in the top whales significantly decreasing their holding in the digital asset. Now, these whales still hold a reasonable portion of […]
Ethereum is struggling to reclaim the $2,400 level as the broader market consolidates and buyers search for the conviction needed to push through overhead resistance. The price chart shows hesitation. The on-chain data, however, is showing something quite different — and it is coming from the same entity that has been quietly reshaping Ethereum’s supply […]