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12 Comments
I am not an expert but I think theyre trying to buy low and sell high
tldr; Ethereum whales have been actively purchasing ETH, with a significant buying spree of approximately $800 million worth of Ethereum on September 3. This marks the largest single-day whale inflow since March 13. Despite Ethereum’s price dropping 15% in the last 10 days to $2,400 as of September 4, the largest whale wallets have consistently recorded more inflows than sales for the past 20 trading days since August 16. This trend suggests that while short-term retail traders are selling, institutional investors are taking bullish positions, potentially in anticipation of gains from an expected US Federal Reserve rate cut. Historically, such whale buying sprees have often preceded bullish movements in Ethereum’s price.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Preparing for new year pump i hope
Just my daily DCA
Doubt yourself, but never doubt ETH.
Eth feees are soo high. Curious how can it be sustainable when large portion is fee
“Whats behind it?”… well the price is low so now is the time to buy lol.
Price is very good right now, ETH have a insane potencial to moon.
I’d like to see Eth get to at least half the value of BTC. One can dream.
Its a pretty good time to buy. I want to buy some more but im nervous it will go down lower and ill miss out on a cheaper price
Can you stop spying on me? Thanks!
Investment capital.
Investment capital is behind it.
Who writes this stuff?!?