Whales, taking advantage of the decline in the cryptocurrency market, started purchasing large amounts of Ethereum (ETH).
The cryptocurrency market woke up to a red Monday after a dull weekend. The declines experienced Whales see it as an opportunity He rolled up his sleeves to buy Ethereum.
Reported by on-chain analysis platform Lookonchain to data according to just January 22 day $64.5 million worth 26,841 ETH purchase was made.
“0x55C1A whale wallet named ” was traded on a cryptocurrency exchange earlier in the day. Binance through $18.7 million worth 7,779 ETH stood out with its acquisition.
“0xDa17” And “0x278fnamed ” and probably belongs to the same person Two different wallets thought to be Bitfinex over in total 19.4 million dollar worth 8,077 ETH made the purchase.
Again, belonging to another unique user, “0x5a11A cryptocurrency wallet named ”, $7.8 million worth 3,228 ETH He withdrew it from Binance to his own wallet in one go.
The notable purchases of the day are yet from 6 different newly opened wallets came. These 6 new wallets, Binance And kraken through $18.7 million worth 7,756 ETH he bought.
These large purchases made in a short period of time, some whales maintain bullish expectations and these declines just sees it as a fix It was interpreted as.
According to CoinGecko data, in the last 24 hours 4.1% Ethereum losing value at the time of writing from $2,370 is being traded.