Ethereum Whales Are Loading Their Bags – Data Shows Huge ETH Accumulation

Quick Summary:

Ethereum has navigated a week of intense volatility, capturing the attention of traders and investors alike.

The cryptocurrency experienced a sharp drop below the $3,000 level early in the week before staging an impressive recovery to reach highs of $3,500.

According to Martinez, whales have accumulated over 330,000 ETH in the past week alone, signaling strong confidence from large holders.

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: Hungary

Topics: Ethereum Accumulation Ethereum ETH Ethereum analysis ETHUSDT Ethereum Whales Ethereum news Ethereum price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-18 @ 17:30:13 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 618 words

Reading Time: 4 minutes read

Sentences: 57 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25238187

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

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Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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