Ethereum's price has experienced a significant decline, dropping 35% over the past two months. This decrease in value has caught the attention of a smart whale who has decided to capitalize on the lower prices by purchasing 5,000 ETH within two days.
The swift accumulation by the whale signals confidence in Ethereum's long-term potential, despite the current bearish trend. Such strategic moves by large investors often influence market sentiment and future price movements.
Source: 99bitcoins.com ↗