🐋 Whales and companies are buying up $ETH
Over the past few days, one of the whales has been actively buying ether, spending $300,000,000 on it. His current position is down $25 million, but despite this, he is not rushing to sell his assets and will likely hold on to them until the coin recovers.
SharpLink Gaming is also actively accumulating coins, buying them at the current price. The company's current balance is 480,031 ETH
One of the largest private whales, who received 1,000,000 ETH for $310,000 during the ICO, has stopped selling coins and changed tactics. Over time, he has sold over 40,000 coins, but now he has suddenly started withdrawing ETH from exchanges to cold wallets. Currently, his wallet contains 59,718 ETH worth approximately $210,000,000. I have attached the wallet itself — you can track its transactions.
The market is now gradually recovering, and we can conclude that the local correction has come to an end. I think that we can expect gradual growth in both BTC and ETH.