Crypto Whales Scoop Up $1,000,000,000 Worth of Ethereum (ETH) in Just Four Days, Says Analyst
A closely followed analyst says that deep-pocketed crypto investors have accumulated a massive stockpile of Ethereum (ETH) in just four days.
In a new thread on the social media platform X, crypto strategist Ali Martinez tells his 92,300 followers that crypto whales have scooped up hundreds of thousands of ETH in less than one week.
“Ethereum whales have bought over 280,000 ETH in 96 hours, valued at around $1 billion!
Ethereum is trading for $3,725 at time of writing, a 1.5% increase during the last day.
The London-based investment management firm Farside Investors is also keeping an eye on ETH. According to the firm, inflows into Ethereum exchange-traded funds (ETFs) are ramping up.
“Ethereum…
