Crypto Whales Double Down On Ethereum (ETH) And Cutoshi (CUTO): This Is The Start Of The Next Ethereum Coin Takeover
The top cryptos whales are accumulating ahead of the altcoin season are Cutoshi and Ethereum.
Ethereum, the popular altcoin, has been facing selling pressure in recent weeks. Data from the on-chain crypto market transaction tracker LookinChain shows how whales have continued dumping the Ether token in recent weeks. The impact of the selling pressure is also seen in the Ethereum ETF inflows, which show a negative 3,968ETH (—$9.69M) in the past day.
Amid the drop, smart whales are using the dip to accumulate more ETH tokens, while some are diversifying to the Cutoshi ongoing presale, which is dubbed the next Popcat. With the backing of a multichain DEX exchange designed to solve common issues in CEX, CUTO is projected for 100x in the…
