The FOMC decision is about to be announced! Can ETH hold 2480-2520?
The Federal Reserve's FOMC meeting will announce its decision today at 2 PM (Eastern Time). At this moment, Ethereum is hovering at a critical support level.
But on-chain data tells us: whales are quietly accumulating!
According to a Glassnode report, in the past week, whales have been increasing their holdings by over 800,000 ETH daily, pushing the wallets holding between 1000–10000 ETH to exceed 14.3 million ETH, setting a new record.
They are greedy in fear, what about us?