💰💰Whales Bought Ethereum's Bottom: They Rushed to Binance with 10 New Wallets! 💰💰
Following the declines in the cryptocurrency market, a remarkable buying movement was observed from whales investing in Ethereum.
According to data from the on-chain analysis platform Lookonchain, a total of 17,698 ETH (approximately $61.66 million) were purchased by opening 10 new Ethereum wallets. This situation shows that whales, known as large investors, purchased at levels where Ethereum prices fell.
The FED's recent hawkish statements led to significant pullbacks in all financial markets, including the cryptocurrency market. This development dropped the Ethereum price to $3,100. However, this decline was not permanent and the price quickly recovered with whale purchases and rose to $3,500.
Ethereum, which gained 6% in the last 24 hours, is trading at $3,477 at the time of writing.
My dear friends, do not withhold your free support. I try to bring you such news instantly. My only request from you is that if there is someone who still does not follow me, I would be happy if they did. Do not forget to like my articles and posts. Thank you.