Buy or Sell Signal? Ethereum Whales Purchase $340 mln of ETH
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During the recent market crash, some investors have sold off their assets to protect their capital, while others saw an opportunity. On August 6, 2024, Lookonchain, an on-chain analytics firm, observed that six Ethereum whales purchased 147,605 ETH valued at $340 million. This significant purchase has sparked discussions regarding whether this is a buy or sell signal.
Source: coinpedia.org ↗
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