๐ Ethereum Whale Stakes 20.5K ETH Amid Price Recovery, Whatโs Next? ๐
๐ In a captivating turn of events amidst global turmoil, the crypto market rebounded today, catching the attention of investors worldwide. An Ethereum whale's substantial staking on Beacon Chain has added to this optimism.
๐ An unknown whale withdrew 1,214 ETH from Binance, boosting their holdings to 20,545 ETH staked on Beacon Chain. This move reflects confidence in Ethereum's long-term value, coinciding with ETH's price recovery.
๐น Ethereum surged 4.71% in 24 hours, now trading at $3,109.50 with a 4.68% increase in market cap and an 11.45% rise in trading volume. This uptrend, coupled with rising open interest and derivatives volume, suggests a bullish outlook for ETH amidst the BTC halving anticipation.