đ Whales Buy $2.9 Billion in ETH as Market Dips â What It Means
Big Ethereum holders have just made a bold move. While retail traders were selling during the recent dip, whales quietly bought around 790,000 ETH, worth nearly $2.9 billion. Two major wallets alone added 68,300 ETH, valued at over $250 million.
At the same time:
ETH slipped below $3,600
Bitcoin dropped near $111Kâ$115K, but still closed its strongest monthly candle ever
Over $750 million in crypto long positions were liquidated across the market
đ§ Why It Matters
When the market is down and big players are buying, itâs often a sign they expect a recovery. This level of quiet accumulation usually doesnât happen unless there's strong conviction behind it.
For now, the price is still shaky, but this whale activity could set the stage for a solid reboundâespecially if macro fears like tariffs and interest rates begin to ease.