Crypto Investor Layah Heilpernshares his reasons for constantly increasing his Ethereum (ETH) buying and how to sell his holdings when the altcoin market is on the rise.
“I continue to buy and will definitely sell in a bull market,” Heilpern says.
Layah Heilpern: Rewards Outweigh Risks for Ethereum
In his messages shared on the platform now known as X (formerly Twitter), Heilpern explains his reasons for investing in ETH and his plans to sell when the market grows, adding:
Heilpern also emphasizes the security of Ethereum, suggesting that the United States Securities and Exchange Commission (SEC) does not classify Ethereum as a security.
Emphasis on Sec.
Heilpern also highlights the security of Ethereum, suggesting that the United States Securities and Exchange Commission (SEC) does not classify the altcoin as a security.
The SEC’s recent classification of many altcoins as securities has raised doubts among many investors about their potential impact on the market.
As of the date of publication, Bitcoin’s market cap is approximately three times that of Ethereum.
The leading cryptocurrency, Bitcoin (BTC), has a market cap of $680.9 billion, while Ethereum’s market cap is $226.4 billion.
ETH Rapidly Gains Bullish Market
Recently the price of Ethereum has been widely reported.
Ethereum price broke the 200-day bearish resistance line on November 6.
Following a 203-day decline below this trend line, Ethereum’s price reached a new yearly high of $1,916.
According to previous reports, it had sparked speculation that another investor had raised a large amount of Ethereum.
On November 4, it made news when a crypto whale deposited 31.8 million USDT to Binance. Later that same day, he withdrew 8,698 ETH, worth approximately $15.94 million.
Further investigation shows that 24,495 ETH worth approximately $45 million was deposited to Binance by the same whale after the price of Ethereum increased, making a profit of approximately $5.47 million.
Layah Heilpern’s confidence in Ethereum and the movement of the market stands out as an important topic for the crypto community and investors. It seems that Ethereum’s future performance will continue to be watched with great interest in the cryptocurrency world.
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