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Ethereum Bullish Signal: Whales Show $530 Million Buying Spree Bitcoinist 27 Aug 2024

Ethereum Bullish Signal: Whales Show $530 Million Buying Spree 🐋

Ethereum Ali Martinez

On-chain data reveals a recent significant accumulation spree by Ethereum whales, indicating a bullish signal for ETH’s price.

According to analyst Ali Martinez, whales have added 200,000 ETH to their holdings recently. This amount is approximately worth $530 million, suggesting increased confidence among large investors in the cryptocurrency’s future performance.

This trend may positively impact ETH’s market value in the near term.

Quelle: bitcoinist.com ↗

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