Whales Are Diving Into Ethereum – Could A 60% Price Spike Follow?

Quick Summary:

Ethereum price growth could be fueled by its growing appeal to whales as demonstrated in the six-week high whale activity wherein more than 6,400 new wallets were made by large investors.

Analysts predicted that Ethereum price could exponentially increase as whales become more interested in the crypto asset, with whale activity hitting a six-week high.

According to their recent update, whale activity reached a six-week high, with average holders accumulating Ethereum after the con’s recent price decline.🐳 Ethereum’s whale activity spiked to a 6-week high as its price declined as low as $2.38K Friday.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: United KingdomCanadaSouth KoreaPhilippines

Topics: Cryptocurrency Market News Altcoins Crypto Ethereum Ether ETH

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-27 @ 21:00:39 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 550 words

Reading Time: 4 minutes read

Sentences: 74 lines

Sentence Length: 8 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 23272927

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Main Topics: Crypto

Official Website: newsbtc.com

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Year Established: 2013

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News Last Updated: 11 hours ago

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