A whale in the cryptocurrency market has increased their Ethereum holdings by making a substantial purchase of 1,800 ETH worth $7 million. The whale has been actively accumulating Ethereum since May 24 and now holds a total of 39,600 ETH valued at approximately $99 million. This recent acquisition has put the whale's unrealized profit at $54 million. Despite some bearish sentiment in September, the whale continued to hold and has seen significant gains as the price of Ether has recovered to above $4,000. Analysts suggest that both Bitcoin and Ethereum are at key levels and predict that Ethereum may reach new highs in January.



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