What Did the Experienced Ethereum Whale Do After the DOJ News? Did He Buy or Sell?

According to Bloomberg, the US Department of Justice will announce cryptocurrency enforcement actions today. The announcement is expected to be made at 23:00 CET.

Reacting to this news BitcoinAlthough it dropped to $36,200 after the news was heard, it recovered again.

While there were withdrawals in altcoins along with Bitcoin, the biggest altcoin Ethereum It dropped to $1,950.

The whale took advantage of this fall ETH made the purchase. According to Lookonchain’s post, this whale, who took the fall as an opportunity and was successful in ETH trading, bought 2,824 ETH (worth $5.53 million) from Binance.

Whale also bought $6 million worth $2.28 million from FalconX BLUR bought it and staked it.

“Following news that the US Department of Justice will not announce cryptocurrency enforcement actions, this ETH swing trading whale again purchased 2,824 ETH ($5.53 million) from Binance.

Whale also received 6 million BLUR ($2.18 million worth) from Falcon X and staked it today.”

ETH It recovered after the decline and continues to be traded at $ 1,982.

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