Ethereum Whale Acquires $66M In ETH Despite 10% Slide In 7 Days: What Is Going On?
Portfolio Pulse from Khyathi Dalal
A significant Ethereum whale, known as '7 Siblings', purchased $66 million worth of ETH despite a recent 10% price drop, indicating confidence in Ethereum's future potential. This whale has a history of buying during market dips, suggesting strategic investment behavior.
October 03, 2024 | 4:49 pm
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The '7 Siblings' whale purchased $66 million worth of Ethereum despite a recent 10% price drop, indicating confidence in Ethereum's future potential. This strategic move suggests a positive outlook for Ethereum's price.
The whale's purchase during a market dip suggests a belief in Ethereum's long-term value, potentially influencing other investors to view the dip as a buying opportunity, which could lead to a short-term price increase.
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