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Ethereum Whales Bag 100,000 ETH Amid Recent Dip, What’s Next?

source-logo  coingape.com 31 January 2025 10:10, UTC
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Ethereum whales’ recent decision to accumulate heavily amid a recent price dip has reinforced bullish market sentiments surrounding the second-largest cryptocurrency by market cap. On Friday, crypto analyst Ali Martinez revealed that the large investors, also known as whales, bought 100,000 $ETH amid the token’s recent price volatility. In the aftermath, market watchers anticipate price gains ahead despite unchanged interest rates this FOMC and looming U.S. PCE inflation data release.

coingape.com