๐ Latest: Ethereum whales are buying heavily during the decline โ one has accumulated $39 million in ETH!
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๐ Despite Ether's stronger decline than Bitcoin,
major investors (whales) took advantage of the drop to increase their positions, as:
โ ๐ณ Just one whale bought ETH worth $39 million
โ ๐ Total whale purchases exceeded $265 million during the recent sell-off
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๐ What the technical indicators suggest:
โ Clear signs of being oversold
โ Expectations of a potential rebound of up to +25% in the short term
โ A strong support level is forming at the recent decline area
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๐ก What does this mean?
โ Whales' confidence that the drop was temporary
โ The possibility of a return of upward momentum at any moment
โ The market may witness a surprising rebound driven by institutional liquidity entering
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โ Do you think the whales know something that others donโt? Will you join the buying rush before the rebound?
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