Ethereum Whales Just Accumulated 640K ETH, Is a Bigger Rally Coming?
Ethereum’s price has recently mirrored broader trends in the cryptocurrency market, rising to above $1,800 before retracing as part of a wider market correction. At the time of writing, ETH is trading at $1,754, showing a 3.3% decrease in the past 24 hours, while the total crypto market cap slipped by 3.6% during the same period. Although short-term price movements reflect shifting momentum, on-chain metrics signal deeper changes that may have broader implications for Ethereum’s network health and investor sentiment. Related Reading: Ethereum Adds 12% In 24 Hours – On-Chain Metrics Point....
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Following the crypto market crash last week, Ethereum whales look to be gearing up for a recovery as they accumulate ETH. This accumulation trend is very telling of what these large investors expect the market to do next, which could serve as an indication of what’s to come. Ethereum Whales Buy Over 56,000 ETH On Thursday, the on-chain data tracker Lookonchain took to X (formerly Twitter) to reveal the activities of Ethereum whales over the last week. The post shed light on the sentiment among these large holders and showed their expectations for the digital asset. Related Reading: Which....
Ethereum is gradually regaining momentum after a recent correction, now trading above $1,700, reflecting a 12.2% increase over the past week. This recovery has drawn attention from analysts, who seem to be looking into the asset’s movement for signs of sustained strength or renewed volatility. Despite this short-term rise, ETH remains approximately 63% below its all-time high of $4,878 reached in 2021, highlighting the broader downturn that has characterized the Ethereum market since late 2021. Related Reading: Ethereum Whales Just Accumulated 640K ETH, Is a Bigger Rally Coming? Ethereum....
Ethereum and top altcoins have undergone strong retracements from their summer highs. Even still, investors remain bullish as they look out into the long run. Santiment reports that whales have been investing heavily in Ethereum and some ETH-based altcoins. These are REN, Chainlink, Aelf (ELF), Kyber Network (KNC), and 0x (ZRX). Some Ethereum Coins Are Being Accumulated By Whales Ethereum and top altcoins have undergone strong retracements from their summer highs. ETH, for instance, dropped […]
On-chain data shows the Ethereum whales have sold the asset recently, while key holders on the Bitcoin network have accumulated instead. Ethereum Whales Have Sold Into The Latest Rally As explained by analyst Ali Martinez in a new post on X, the Ethereum whales have participated in selling recently. The “whales” here refer to the ETH entities holding between 1,000 and 10,000 ETH. At the current exchange rate, this range converts to $1.8 million to $18 million. While these bounds don’t cover the largest of holders in the sector, they do still contain some of the key....
Cardano is currently trading just below the $0.75 mark, where it has spent several days consolidating after its recent upward move. Despite facing resistance at this level, market sentiment appears to be shifting. Bulls are slowly regaining control, and many analysts believe that a breakout could be imminent if the price pushes above the current range. Price action is showing signs of strength, supported by a gradual increase in volume and reduced selling pressure from short-term holders. Related Reading: Ethereum Forms Long-Legged Doji On Monthly Chart – Reversal Or Just A Pause? One of....