Bitcoin ( BTC) whales moving with the crash of Ethereum ( ETH) strengthened its purchases.
SpaceX$373 million BTC The announcement of the sale continues to shake cryptocurrencies. Ethereum, which hangs up to $ 1550 with BTC throwing a needle at $ 25,130 ( ETH), of the SEC ETF He almost found strength by giving the green light to his subject. ETH, which has recovered much faster than other altcoins, is currently trading at $ 1685. Solid stance of the technical and fundamental structure on the ETH side, of whalesalso intrigued.
Interest in ETH is growing
Lookonchain, known for its onchain data, has been in business since last night. ETH publishes striking data on The company shared the information that more than $ 8 million (5,000 ETH) was invested in Coinbase as the market crashed. Both whales bought $9 million worth of ETH at roughly the same time. Additionally, a different whale has invested 3,998 ETH worth $6.72 million in Compound. Again, the same whale bought 3,027 ETH at $1,652.
The SEC’s positive stance on ETH ETFs seems to have caught whales’ attention. With the decline of the market, the whales, who turn directly to the leader of altcoins, increase the amount in their portfolios. ETH, which fell from $ 1810, came to $ 1685 after touching $ 1550. ETH, which gives stronger signals compared to other altcoins, is curiously followed.
