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via BeInCrypto · By BeInCrypto Editorial
Whales Buy the Dip as Ethereum Exchange Reserves Keep Falling
ETH
ETH/USDT
$2,687.46
-0.47%
$2,687.46
-0.47%
(24s)24h Volume
$9,899,435,619.62
24h H/L
$2,743.00 / $2,668.84
Change: $74.16 (2.78%)
Long/Short
60.8%
Long: 60.8%Short: 39.2%
Funding Rate
-0.0011%
Shorts pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(07:27 AM UTC)
1 min read
Large Ethereum (ETH) holders bought heavily after the latest crash, with one early investor rebuying more ETH and Wrapped Bitcoin (WBTC) than they sold earlier.
Exchange reserves also fell sharply, a sign that holders moved coins away from trading platforms.
Ethereum Whales Accumulate ETH Near $1,600
Ethereum fell sharply last week alongside the broader market. The altcoin dropped by more than 16.8%…
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