Ethereum (ETH) Sees Intriguing Shift Occuring, Analyst Explains What Happens
Crypto analyst points out how whales’ behavior has changed recently...
- Ethereum (ETH) is experiencing a subtle yet intriguing shift, with large ETH holders (whales) starting to accumulate the cryptocurrency after a two-month period of slow purchase activity.
- Whale Alert, a crypto tracker, has identified two significant ETH transactions from Bitfinex to unknown addresses, indicating purchases of ETH for long-term storage.
- As the price of ETH has surged, some whales have decided to withdraw their profits and sell their ETH on exchanges such as Bitfinex and Coinbase.
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The sentiment of the article is neutral, providing information about the recent activities of ETH whales and the price movement of Ethereum.