Coin Edition -
- Whales are accumulating millions of ETH as the price continues to trade above $1,800.
- If market participants fail to take unrealized profits, ETH may rise in the $2,000 direction.
- ETH worth $210 million left centralized exchanges, indicating a bullish sentiment.
Ethereum (ETH) has experienced a surge in whale interest lately, according to on-chain data. To start with, on-chain insight platform, Spot On Chain, revealed that a loyal ETH whale has re-accumulated the coin.
According to Spot On Chain, this time, the whale accumulated $15.9 million worth of ETH at $1.826. Moments later, the whale made a profit of $5.48 million after sending some of the coins to Binance.