Nansen: “While awaiting the SEC’s Critical Decision, Whales Turned to Ethereum and ETH-Based Altcoins! Money is Flowing to These Altcoins!”

Spot Ethereum ETFWhile there is only one day left until the decision day in , Blommberg analysts announced at the beginning of the week that they increased the probability of the SEC approving ETH ETFs to 75% after some hearings they received.

SEC’s ETH While the increase in the possibility of approval of ETFs brings an increase to the cryptocurrency market, Ethereum and ETH-based altcoins also recorded tremendous increases.

On-chain data tracking platform as interest in ETH and altcoins increases Nansen announced the most purchased cryptocurrencies today.

Whales as Ethereum rises, according to Nansen data ETH, Lido DAO (LDO), weETH, IMX, GALA increased their purchases.

Accordingly, ETH, LDO and GALA, which recently experienced a major hack, were among the altcoins most purchased by whales.

While ETH ranked first in the list of most purchased cryptocurrencies, Ethereum-based altcoin LDO took second place.

weETH is in third place; IMX ranked fourth and GALA ranked fifth.

According to Nansen data, Ethereum While recording an inflow of 47.1 million dollars in the last 24 hours, LDO $7.5 million; weETH recorded an inflow of 3 million dollars.

Finally IMX And PREMIERE experienced inflows of $1.3 and $1 million respectively.

While there were increases in prices in line with these inflows, GALA benefited the most from these inflows.

Because GALA recorded an increase of 13.6% in the last 24 hours and became the second most profitable altcoin.

*This is not investment advice.