Ethereum Whales Start Buying Back: 218K ETH Added In A Week After October Dump
Ethereum’s largest non-exchange holders are tiptoeing back into accumulation. On-chain analytics platform Santiment reported that wallets holding between 100 and 10,000 ETH, also known as whales and sharks, have begun to rebuild positions after unloading roughly 1.36 million ETH between October 5 and 16. Notably, the Ethereum collective holdings chart shows that nearly one-sixth of those coins have already been clawed back, as some confidence starts to return to the second-largest crypto asset. Related Reading: ‘The Best Is Yet To Come’: Ripple President Sees Bright Path Ahead For XRP....
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Ethereum whales have been known to go on large Shiba Inu buying sprees in the past. These whales have made bank off of the meme coin following its meteoric rise, but they are far from done when it comes to investing in the digital asset. The most recent reports of large buying among whales have […]
Ethereum price of Ethereum has recently fallen below the $2,000 mark in recent days. While some people may see this as something to be worried about, others see it as an opportunity to buy as many coins as possible. More specifically, whales see this as a big buying opportunity for them and they’re using this […]