The price of Ethereum has fallen by about 30% following Bitcoin's decline below $90,000 on December 16, 2024. This drop has created an opportunity for large investors to accumulate Ethereum, with on-chain data showing that whale holdings have increased by more than 1 million ETH since then. This development raises the question of whether there will be a sustained bottom formation or a swift rally beyond the highs of 2024.
- Content Editor ( coingape.com )
- 2025-01-14
Ethereum Whales Buy 1 Million ETH As Price Dips Below $3,000