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Whales Accumulate Ethereum During Market Crash | Flash News Detail | Blockchain.News
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8/6/2024 1:13:49 PM

Whales Accumulate Ethereum During Market Crash

Whales Accumulate Ethereum During Market Crash

According to Lookonchain, five whale addresses accumulated a total of 144,071 ETH worth $331.11 million during the recent market crash. Specifically, a group referred to as '7 Siblings' purchased 56,093 ETH for $129.3 million USDC at a price of $2,305 per ETH. Another address, 0x267e...f91e, spent $101.97 million USDC to buy 44,653 ETH at $2,284 per ETH. This activity suggests significant bullish sentiment among large investors despite market downturns.

Source

Lookonchain

@lookonchain

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