According to the post by Lookonchain, three new wallet addresses opened on December 11 took action, showing their interest in Ethereum. Reflecting the trust in Ethereum affected by the decline in Bitcoin, these wallets withdrew a total of 14 thousand ETH from Binance after the Ethereum price dropped, and transferred $ 31.13 million in return.
Positive Move to Ethereum
The interest of newly opened wallet addresses in Ethereum shows that investors have high faith in the future rise. It is noteworthy that these wallets made a positive move towards Ethereum compared to Bitcoin, especially after the negative impact on Ethereum following the sharp decline of Bitcoin.
Interest in Ethereum
Recent market fluctuations have affected all altcoins in the cryptocurrency market. Ethereum also lost more than 11% in value in a short time, falling to $ 2,114. However, Ethereum recovered slightly afterwards and is trading at $2,232 at the time of writing.
These developments show that interest in Ethereum still continues and investors consider low price levels as a buying opportunity. Ethereum’s future performance seems to depend on investors’ market expectations.