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Right now, the cryptocurrency industry is in a price correction mode,
Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and others are seeing price falls.
Amid this, ETHFI also fell by over 37%,
Crypto whales grabbed the chance, bought $2.19 million of tokens.
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Why are crypto whales buying ETHFI?
On March 20, 2024, an analytic firm revealed,
Crypto whales bought 718,393 ETHFI tokens from Binance at $3.05 each.
Now they're among the top 20 holders,
First time they've bought since its listing.
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Recently listed on Binance, ETHFI saw a 24% fall due to market sentiment,
Now trading near $3.14, with a 1% upside in 24 hours.
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ETHFI price analysis:
After listing, it fell 23%,
But traders and investors are still interested.
24-hour volume is down by 66%, now at $223 million.
Cryptocurrency market down by 2.5%,
Bitcoin, Ethereum, and Solana also saw losses.
#Write2Earn #BTC