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Ethereum Drops 35% In 2 Months: Why Is This Smart Whale Buying? Scoops 5,000 ETH In 2 Days 99Bitcoins 09 Sep 2024

Ethereum Drops 35% In 2 Months: Why Is This Smart Whale Buying? Scoops 5,000 ETH In 2 Days 🐋

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 ↗

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