Ethereum Whale Data Signals Big Moves Ahead As Stakeholder Activity Spikes

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Ethereum Whale Data Signals Big Moves Ahead As Stakeholder Activity Spikes - NewsBTC

Quick Summary:

Whale transaction data indicates a major spike in key stakeholder activity.… pic.twitter.com/CWPpeMPWla — Santiment (@santimentfeed) November 10, 2024 Analysts said that ETH’s daily transactional value already reached $10.4 billion, fueled by rising whale activity and a growing number of daily Ethereum transactions, saying that this is a bullish indicator for the digital currency’s network.

ETH whales refer to large investors who have the capability to influence market sentiments and the availability of digital coins.📈 Ethereum, currently sitting at $3.12K, is finally showing the growth that helped it climb to the #2 ranked market cap asset in crypto, largely staying in this position throughout the past 8 years.

Related Reading: Chainlink 125% Target In Sight As Whale, On-Chain Activity Soar—Analyst Growing Whale Activity Santiment reported that the number of transactions made by Ethereum whales saw a huge spike in recent days.