Ethereum Whales Has Not Ceased Accumulating ETH Despite The General Crypto Market Condition.
The Ethereum whales have not rested on accumulating Ethereum, the second-largest cryptocurrency in the world and the leading smart contract platform as revealed by the blockchain analytics firm.
According to the Santiment, addresses with a balance ranging from 100 and 100,000 ETH has been amassing since June 7th despite the significant price condition of Ethereum and the crypto at large.
Source: Santiment/Twitter
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“Ethereum shark and whale addresses (holding between 100 to 100,000 ETH) have collectively added 1.1% more of the coin’s supply to their bags on this -39% dip. Historical evidence points to this tier group having alpha on future price movement.”
As stated by the blockchain explo...