NEWSLETTER
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ethereum whales are doubled in the Top Altcoin for market capitalization with an impressive purchase wall of $ 236 million in three days.
The price of ethereum (eth) continues to operate below $ 2,000, fighting in the middle of a recent sale per sale.
However, whales, or large -scale investors with substantial eth properties, do not flinch.
In fact, the data in the chain shows that the largest alternative in the world for market capitalization has attracted a significant purchase activity of the great headlines.
On March 21, cryptographic analyst Ali Martínez shared a table that shows an increase in the accumulation of eth whales. According to the analyst, the last sauce that saw ethereum's price withdrawal of more than $ 2,000 allowed the whales to collect more than 120,000 ether tokens, for a value of almost $ 236 million, in just three days.
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According to Lookonchain, one of those whales has just bought 7,074 eth worth more than $ 13.8 million. The data in the chain shows that the whale withdrew 4,511 eth worth more than $ 8.81 million of crypto Exchange OKX, and proceeded to deposit them on the decentralized finance platform higher AAVE.
But the whale did not stop there. They borrowed 5 million dollars of the protocol defi and deposited it in OKX, with the funds used to buy 2,563 eth for $ 5 million.
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In this period, the price of ethereum fluctuated between $ 1,872 and $ 2,060.
eth currently quotes around $ 1,966, continuing lateral share after giving up the profits seen when Bulls recovered from 7% on Wednesday. Week earnings are now only 1.7%, and buyers have suffered a 27% setback in the last month.
Although the broken performance has some eth holders that the sale of panic, the whales have adopted an aggressive approach. This suggests confidence in the potential of future prices for ethereum.
Recently, Standard Chartered analysts predicted eth could rise to $ 4K in 2025, although this included a reviewed prognosis of an anterior upward shot of $ 10K by the end of the year.
However, this upward perspective of whales also has an optimistic mood.
