Ethereum Attracts Whales as It Outpaces Bitcoin in Value Loss
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Large investors, known as whales, are showing increased interest in Ethereum. This is notable as Ethereum has been depreciating more compared to Bitcoin lately. One significant whale transaction involved purchasing 5,000 ETH for $12.8 million, which highlights the growing attention and investment in Ethereum despite its recent loss in value.
The trend suggests a strategic move by big investors, who seem to be buying the dip, indicating confidence in Ethereum's long-term potential. As Ethereum continues to see substantial whale activity, it remains a significant point of interest in the cryptocurrency market.
Source: en.coinotag.com ↗
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