This ‘Smart’ Whale Buys ETH Again – Could There Be An Incoming Price Surge?

This ‘Smart’ Whale Buys ETH Again – Could There Be An Incoming Price Surge?
In the last week, Ethereum (ETH) has attracted many investors’ attention as it gradually approaches the $1900 price region. Similar to many assets riding on the Bitcoin-fueled market rally, ETH, also known as Ether, is up by 5.85% in the last seven days, bringing its total price increase in the last four weeks to 15.17%. Interestingly, a recent whale movement has now added more speculation around ETH, prompting suggestions that the largest altcoin may soon experience a price surge. Related Reading: ETH Sent To Exchanges Climbs Above 500,000, Is Ethereum At $2,000 Still Possible? ‘Smart’ Whale Purchases $15.94 Million Ether – What Could They Know? In a Sunday post on X, blockchain analytics platform Lookonchain shared that an ETH whale with the wallet address “0xb15” had just purchased 8,698 ETH, valued at $15.94 million, from the Binance exchange, depositing 31.8 million USDT in the process. This transaction has drawn much attention due to the past antecedents of this Ether investor. Popularly known as a “smart” whale, Lookonchain notes that “0xb15” has conducted 8 ETH transactions since February 12, recording a win rate of 87.5% and an aggregate profit of $13 million.  In p ..

Support the originator by clicking the read the rest link below.