Crypto whales start collecting Bitcoin (BTC) and Ethereum (ETH) again!

Whales, as the largest investors in the cryptocurrency industry, always attract attention with their decisions. These whales have been selling crypto assets for some time, but seem to have given up on this attitude in the past few days.

According to information provided by The Data-Nerd, a successful on-chain data provider, some whales are buying Bitcoin (BTC) and Ethereum (ETH).

In a report shared on the X/ Twitter account, The Data-Nerd provided the following information on recent purchases by these whales:

“1 hour ago, a whale named 12QV withdrew 1,000 Bitcoins ($59.35 million) from the Binance exchange. This whale has accumulated a total of net 4,860 Bitcoins ($294.86 million) at an average price of $60,670 over the past 3 months.”

“4 hours ago, whale 0x0b4 withdrew 1,356 Ethereum ($4.06 million) from Coinbase. This whale has also accumulated a total of 10,990 Ethereum ($32.76 million) over the past 8 hours at an average price of $2,981.”

It is very important that crypto whales continue to buy BTC and ETH in the coming period. If large investors support the cryptocurrency market again, it can ensure the recovery of all crypto assets.