Whale Moves Spotted
#Ethereum Leading the Next Bullish Wave?
š What Are the Giant Altcoin Whales Doing During This Price Surge?
On-chain data never liesāand the whales are making bold moves!
According to Lookonchain, a massive whale just added $8.88 million USDC to their existing Ethereum (ETH) position, boosting their total holding to $36.3 million. The whale is already sitting on a $1.4 million unrealized profit!
Even bigger news
Abraxas Capital made a massive withdrawal of 49,644 ETH (~$92M) from Binance and Krakenāhinting at long-term bullishness.
And thatās not all...
Two big wallets (possibly the same owner) spent around $14.5M in DAI & USDT to buy 7,293 ETH at an average price of $1,993.
At the time of posting, ETH is holding strong near $2,079.
š„ What This Means
Institutional whales are accumulating.
ETH might be leading the next bullish run.
Altcoins in the ETH ecosystem (like LDO, ARB, OP) could follow!
š Even if 50% of this plays out, the market momentum looks strong.
My Thoughts
This is a moment to watch ETH closely. Sometimes, the whales show us the way!