cryptd.in

另类 LinkedIn 适合加密人才

Ethereum Whales Pounce On The Dip, Snag $236 Million In ETH

Some crypto traders might see Ethereum’s price decline as a bad sign for their investments and could be pondering if they should offload their holdings.

Meanwhile, whales view the altcoin’s price dip as an opportunity that they must seize by increasing their holdings while the price is down, leading to large investors buying a huge volume of Ethereum in the last three days.

ETH Trading Below $2,000

Analysts said that Ethereum’s price continues to fall as the broader cryptocurrency market is currently experiencing a challenging situation. 

Data showed that the world’s largest altcoin struggles to gain an upward momentum and continue to stumble below $2,000.

As of writing, Ethereum is traded at $1,988 per coin, with a market cap of nearly $240 billion.

According to CoinGecko, since ETH hit $3,640 per coin on January 6, the crypto has been steadily decreasing in value with its first major dip happening on January 14, after hitting $3,007. 

On February 3, the coin slid further reaching $2,460 and dropped to $2,100 on February 28. Ethereum hit below $2,000 for the first time on March 11. Since then, ETH has been having trouble keeping itself above $2,000.

An Opportunity In The Dip?

Ethereum struggling to maintain itself at the $2,000 level might worry many crypto traders, but large-scale investors saw an opportunity in the price dip.  Whales used this situation to buy more ETH and further increase their holdings.

Crypto analyst Ali Martinez commented in a post that ETH price decline attracted large investors to increase their buying activity. “Whales bought over 120,000 #Ethereum $ETH in the last 72 hours,” Martinez said.

The analyst presented a chart that showed a spike in the whale ETH accumulation coinciding with the coin’s price decline, adding that Ethereum’s retreat allowed whales to acquire more than 120,000 ETH tokens with a value of about $236 million and they only did that in three days.

“That’s a significant move by the whales! Their accumulation often indicates confidence in the market. It’s fascinating to see how these big players can influence price trajectories,’ Agent Snek commented on Martinez’s post.


Whale Buys Over 7,000 ETH

Meanwhile, data analytics platform Lookonchain tracked a whale who added nearly $14 million worth of ETH.

“A whale bought 7,074 $ETH($13.8M) today! The whale withdrew 4,511 $ETH($8.81M) from #OKX 3 hours ago and deposited it into #Aave,” Lookonchain said in a post.

The analyst added that the whale did not stop depositing in Aave, a decentralized finance platform. The large investor borrowed five million USDT from Aave and put it into OKX to purchase an additional 2,563 ETH tokens worth $5 million.

精选图片来自 Pexels,图表来自 TradingView


评论

发表回复

您的邮箱地址不会被公开。 必填项已用 * 标注

最新信息

热门类别

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (401) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (71) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (65) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (5) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接,希望与大家分享。