coingape.com
Ethereum (ETH) has shed nearly 16% of its value this week due to Bitcoin’s (BTC) descent from $100K on Tuesday to a retest of $92K in the late New York session on Thursday. Despite this sudden collapse in BTC & other altcoins, whales seem to be taking advantage of this volatility to accumulate 25,000 ETH. What’s next? A market bottom and a rally or collapse in ETH’s value? Let’s explore.