Ethereum whales have purchased 1.1 million ETH in the last 48 hours. Corporate activities, including World Liberty Financial purchase of $ 10 million subcoin, emphasize the ongoing interest in ETH. Meanwhile, the data of the Analytical Company Santimement shows that ETH sensitivity is at the lowest level of the year.

Ethereum whales buy decreases aggressively

Experienced crypto analyst Ali Martinez underlined an important development in the Ethereum market. In this context, Martinez announced that whales have purchased 1.10 million ETH in the last 48 hours. Martinez questioned whether the whales had information about the upcoming market developments due to sudden whale accumulation. This led to speculation within the community. This increase in whale activities may indicate that Ethereum’s future expectations or a major event is expected.

Source: Ali Martinez

As you followed from Kriptokoin.com, Donald Trump’s defi project World Liberty Financial bought Ethereum worth $ 10 million. In general, they purchased a total of 4,468 Ethereum (ETH) for $ 2,238. ETH whale action increased with an additional 110,000 ETH purchase last week. Historical data show that important accumulation made by Ethereum whales usually comes before price stability or upward movement periods for Ethereum. Ali Martinez, “Ethereum $ 2,200 as long as it remains, the possibility of recovery increases,” he said.

Will the price of Altcoin return strongly from here?

On-Chain Analysis company, centimeter, Ethereum sensitivity has shown that strong low performance has fallen to the lowest levels of the year. Despite the fall of social media debates, centimeted suggests that it could be a positive indicator for long -term holders.

Source: centimeter

Crypto analyst Titan of Crypto rejected fears about the fall of Ethereum, stressed that ETH remained technically solid. According to the analyst, Ethereum continues to move within a expanding wedge formation, a technical installation that is prone to ascension. In addition, ETH recently visited the “re -installation zone ((RLZ), a key price area that professional investors usually want to start long positions or to accumulate more. In addition, the following graphic shows that RSI is in the support zone and can make a leap from here.

Source: Titan of Crypto