Last time, we talked about the Deribit exchange (Photo 2), and since then, Ethereum whales have continued to leave traces.
In particular, we can pay attention to the traces of whales on the Bybit exchange. As in previous periods, we are seeing a pattern of market buying activity reviving during price decline phases (Photo 1).
Although not as prominent as in Ethereum, Bitcoin whales on the Bybit exchange are also showing activity (Photo 3).
It is important to continue monitoring the direct traces of these whales.
Written by Mignolet