Arkham Monitoring, two whales bought 150 million ETH this morning, one took 118 million from FalconX, and the other took 40.5 million from Galaxy Digital OTC, all bottom fishing amid the decline.
This operation is too pro, while the market is in panic, whales are accumulating low, especially in contrast to the hacker's panic sell of 4958 ETH yesterday, highlighting the difference; smart money always picks up bargains during the bloodbath.
In connection with some smart money buying 2174 WETH at dawn, ETH bulls are brimming with confidence, especially with 639 million flowing into ETH ETFs yesterday.
With liquidity surging in Q4, the target is 5000+, retail investors shouldn't FOMO chase high, but wait for a pullback to increase positions.