Whales Withdraw Over $188M Ethereum From Exchanges In Fresh Accumulation Wave...
Ethereum has cooled after months of strong buying pressure and bullish momentum, with the market now entering a consolidation phase. Over recent weeks, ETH has traded sideways just below its all-time high, leaving investors uncertain about the short-term outlook. While the lack of follow-through has tempered some of the optimism seen earlier this year, fundamentals […]
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Over the last few weeks, there has been a clear accumulation trend among Ethereum holders. ETH had spilled out of exchanges at a high rate, following the same movement of BTC out of exchanges. The volume of ETH pointed toward whales taking large positions in the digital asset. The result of their accumulation is now […]
On-chain data shows Ethereum whales have recently ramped up their accumulation, a sign that could be bullish for the asset’s price. Ethereum Whales Have Been Buying Big According to data from the on-chain analytics firm Glassnode, the Ethereum whales have been participating in a very significant amount of accumulation during the past week. Related Reading: […]
On-chain data shows the Ethereum whales have recently gone on a $425 million shopping spree, a sign that could be positive for the asset. Ethereum Whales Have Participated In Accumulation Recently As pointed out by analyst Ali in a post on X, the ETH whales have made some big purchases recently. The relevant indicator here […]
Chainlink (LINK) has remained one of the most closely watched altcoins since the October 10 market crash, as investors and analysts position for the next major market phase. Despite the broader crypto downturn, Chainlink’s network strength and growing on-chain activity have kept it in focus as a potential leader of the next bullish wave. Related […]
Ethereum whales have continued to accumulate despite the current downtrend in the ETH price, providing a bullish outlook for the second-largest crypto by market cap. Notably, ETH withdrawals from exchanges recently reached their highest level since October last year, totaling over $400 million. Ethereum Whales Accelerate Withdrawals From Exchanges Crypto analyst Arab Chain noted in a CryptoQuant analysis that rising Ethereum withdrawals from exchanges have reached their highest level since October. The analyst noted that the exchange netflow data over the past few days indicates a clear....