Whale buys large amounts of ETH during market decline,
On-chain analyst Ai Yi reported that a large whale has purchased significant amounts of Ethereum (ETH) during the sharp decline in the market,
Eight hours ago, when the market fell sharply, the whale acquired 1,616.53 ETH, worth a total of about $4.038 million,
The average purchase price of each ETH was $2,492.04, which is about $37,000 in unrealized profits from this purchase,
This purchase was made specifically when the market was in a bearish trend, which is a sign that large investors are accumulating assets at low prices,
This type of investment indicates confidence in the market and possibly an expectation of future price increases.
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