Whale buys 2,600 ETH for $4.75 million! Is Ethereum gearing up for something big after a year of stagnation?
Ethereum's recent bold move has caught everyone's attention!
Today, it was revealed that a whale purchased 2,600 ETH, spending a total of $4.75 million.
It's important to note that Ethereum has been underperforming for over a year, and now suddenly it seems to be picking up; the market is speculating whether we should expect a decent rebound in the second half of the year.
The timing of this move is too subtle! The whale's decision to heavily invest during Ethereum's consolidation phase suggests that the capital may have sensed a change in direction.
After all, the fundamentals of the Ethereum ecosystem are solid, and after enduring this long bear market, the technical aspects should be ripe for a significant trend.
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