One whale just bought the dip while ETH sat under $2,300.
Lookonchain reports a wallet accumulated 27,553 ETH over five hours at an average price of $2,286, after an earlier buy of 16,658 ETH funded with nearly $38 million in USDC (via CryptoNews). That is about $63 million in fresh demand.
Meanwhile US Ether ETFs just posted a record $1.61 billion monthly outflow. Big wallets buying while funds sell is a real split.
Is the whale early, or catching a falling knife? Where do you see $ETH support? Not financial advice.
#Ethereum #Whales #OnChain $BTC
Lookonchain reports a wallet accumulated 27,553 ETH over five hours at an average price of $2,286, after an earlier buy of 16,658 ETH funded with nearly $38 million in USDC (via CryptoNews). That is about $63 million in fresh demand.
Meanwhile US Ether ETFs just posted a record $1.61 billion monthly outflow. Big wallets buying while funds sell is a real split.
Is the whale early, or catching a falling knife? Where do you see $ETH support? Not financial advice.
#Ethereum #Whales #OnChain $BTC