Skip to content Skip to sidebar Skip to footer

According to recent data, 3 long-term Ethereum investors may think that the correction in price is not enough.

Recently, as the Ethereum price dropped by over 20% in parallel with the correction in Bitcoin, whales may think that the dip is not enough. According to on-chain data, 3 investors or cryptocurrency funds deposited 32,527 Ethereum worth 109 million dollars to cryptocurrency exchanges throughout the day.

The first whale deposited 12,500 Ethereum worth 41.7 million dollars to the US cryptocurrency exchange Kraken at an average price of 3,339 dollars. The whale had bought more than 120 thousand Ethereum in 2017. He currently holds over 12.2 thousand ETH worth over 40.9 million dollars.

Another whale transferred the remaining 11,600 ETH worth 39.1 million dollars to Binance. This whale also made purchases in 2017 like the first investor.

Finally, the owner of the “0x435” wallet recently deposited 8,427 ETH worth 28.2 million dollars with an average of 3,347 dollars to Binance.

The recent transfers made by the whales raised the speculation that the drop may not be over yet.

According to CoinGecko data, Ethereum, which experienced a 14% drop in the last 14 days, is trading at 3,370 dollars at the time of writing.

Leave a comment

Email

Email

BTC Trader PRO © 2024. All rights reserved. Hosted by FibaCloud.com

BTC Trader PRO © 2024. All rights reserved. Hosted by FibaCloud.com