๐ฅ Optimism: Ethereum Whales Accumulate $2.5 Billion of $ETH in One Day, Largest Inflow Since 2018! ๐
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๐ Massive Accumulation of Ethereum:
Ethereum whales (large investors) have accumulated $2.5 billion worth of $ETH on Sunday, the largest daily inflow of $ETH since 2018. ๐ฐ This comes as the price of Ethereum consolidates within a multi-month range, resembling the pattern of 2017.
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๐ก Strong Market Implications:
* Institutional Confidence: This massive accumulation indicates significant confidence from large investors in Ethereum for the long term. ๐
* Similarity to 2017: The current price consolidation similar to 2017 is a positive indicator, as that period saw a significant price increase later on. ๐
* Exploiting Consolidation: It appears that the whales are taking advantage of the price consolidation period to increase their holdings before any potential rise. ๐
โ Do you expect this accumulation by the whales to lead to a significant rise in the price of Ethereum in the near term? ๐ค
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