Giant Whale Turned a deaf ear to all the bad news and bought large amounts of Ethereum (ETH)!
The buying and selling moves made by whales directly affect the price movements of crypto assets. While crypto projects where whales buy more are experiencing sudden increases, projects where large investors are sellers are showing bearish movements.
Recently, a cryptocurrency whale has been buying Ethereum (ETH) regularly. The whale, who turns a deaf ear to all war threats or other bad news, thinks that ETH offers a historical buying opportunity.
Spot On-Chain, a successful data provider, provided the following information about this whale's latest ETH purchase:
âGiant whale 0x435 purchased another 10,119 ETH (worth $31.83 million) from Binance 9 hours ago at an average price of $3,146.
âWhale has accumulated a total of 127,387 ETH (worth $407 million) with an average of $3,170 in the last 2 weeks.â
The whale, which has purchased a total of $407 million worth of ETH during the sharp declines so far, seems to continue these purchases.
If large investors continue to support the leading altcoin in the coming period, the altcoin market may recover under the leadership of Ethereum.
