Ethereum whales purchase $1B worth of ETH: Market recovery ahead?

Quick Summary:

Ethereum whales buy the dip as most metrics signal end of correction.

Again, the Long Term Trend Directions (LTTD) score the year could end at a strong bullish level of 0.82, suggesting a positive long-term outlook.

These movements indicated significant shifts in ETF dynamics, reflecting broader market sentiments and potentially setting the stage for future trends in cryptocurrency investments.

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Article Details

Author / Journalist: Lennox Gitonga

Category: Crypto

Markets: United States

Topics: News 1 Ethereum Altcoin Social Trading View Ambcyrpto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-22 @ 14:00:32 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 549 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 17 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 24583040

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 14 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #103

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