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.
Kaynak: bitcoinist.com ↗