Crypto market analyst and trader Ali Martinez revealed that large investors, known as whales, have been aggressively buying Ethereum (ETH), acquiring over $815.5 million (Rp13.3 trillion) worth of ETH in the past five days.
“Big investors have purchased 420,000 Ethereum in the last five days,” Martinez wrote in a post on platform X on Saturday (March 15).
This whale accumulation comes amid a correction in the digital asset market. At the time of writing, ETH is trading at $1,900, reflecting a 0.8% decline in the past 24 hours.
Source: Akademi Crypto