Crypto whales accumulated almost $1,000,000,000 in ETH in just one month

A closely followed trader says crypto whales are rapidly accumulating leading smart contract platform Ethereum (ETH).

Analyst Ali Martinez tells his 39,700 followers on social media platform X that wealthy crypto traders purchased 410,000 ETH, worth about $1 billion, in the last month alone.

The trader shares a chart showing that the amount of Ethereum held in wallets ranging from one to 10 million ETH has been steadily increasing since the beginning of December.

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