ETH Whale increased holdings by 14% over 5 months, which may indicate bullish sentiment.

[Chain News] On September 4th, it was reported that the Crypto Assets sentiment analysis platform indicated that since Ethereum fell to its annual low in April, Ethereum Whales have been increasing their buying power. In just five months, the amount of Ethereum held by the whale group owning between 1,000 to 100,000 ETH has increased by 14%. Crypto market participants often observe the activities of whales to assess sentiment, as dumping may signal bearishness, while accumulation may indicate bullishness and expectations of higher prices.

ETH0.16%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
BlockchainWorkervip
· 09-04 09:39
Can it rise to 3k?
View OriginalReply0
Fren_Not_Foodvip
· 09-04 06:30
bullish directly go in
View OriginalReply0
mev_me_maybevip
· 09-04 06:29
Bullish, that's it.
View OriginalReply0
ThreeHornBlastsvip
· 09-04 06:22
As long as someone understands, bullish just vans
View OriginalReply0
BlockchainArchaeologistvip
· 09-04 06:19
The whales have caught the scent.
View OriginalReply0
SignatureVerifiervip
· 09-04 06:00
hmm... statistical correlation needs further validation. whale patterns aren't foolproof indicators tbh
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)