Crypto whales are worth hundreds of millions of dollars in the last seven days, a closely followed crypto analyst says Ethereum He stated that he accumulated (ETH).
Crypto Strategist Ali Martinez told his 36,100 followers on social media platform told.
“Some of the biggest Ethereum whales have gone on a buying spree, collecting over 100,000 ETH in the past week alone. This means exactly 230 million dollars!”
Koinfinans.com As we reported, Ethereum is trading at $2,171 at the time of writing this news.
Switching to Shiba Inu (SHIB), Martinez notes that Dogecoin (DOGE) appears to be on the cusp of an upward rally after breaking above its rival’s diagonal resistance.
“Shiba Inu It’s showing signs of breaking! “If SHIB holds the important support level of $0.0000103, the next stop for SHIB could be $0.0000140.”
SHIB is trading at $0.0000109 at the time of writing.
Analysis of smart contract protocol 3Complementing with (FTM), Martinez says that the altcoin is giving a bullish signal as the upward trend in network growth indicates higher demand for the token.
“The Phantom network is witnessing a bullish sign, with a steady increase in new addresses, consistently making higher highs and higher lows. This upward trend in network growth indicates an increasing demand for FTM. Such an increase in user interest may soon begin to be reflected in FTM’s price.”
Phantom is trading at $0.39 at the time of writing.