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[Flower]

The ethereum whales was spotted to accumulate more ethereum. The purchase was made when ethereum market price decline below $4,000

They accumulated 0.5% of the total supply of the Eth in the ethereum blockchain. The total accumulated was 734,800 ETH within the last 12 days.

The whales are known to buy the dip and this is exactly what was seen in the ethereum purchase. Data showed that whales have bought approximately 1.28 million ETH in the last 45days

What's your take on this?

 

[Brain]

Well, the post have given us the explanation already on why the great amount of purchase already. The truth is that the whales likes to buy more coins during the dip so they take advantage of the coin when the price falls so that they can make x5 of the price with higher price or price increase. so it is a normal process for them.

 

[Magdalene]

Specifically, the whales are known to buy the dip. When the price is on the decline, the whales would acquire more of the Ether for investment purposes. However, I will like to point out that this is not peculiar to the whales. The investors are also making sure that they buy as much as they could during the dip because that's what the basic law of cryptocurrency trade portrayed.

 

[Brain]

Specifically, the whales are known to buy the dip. When the price is on the decline, the whales would acquire more of the Ether for investment purposes. However, I will like to point out that this is not peculiar to the whales. The investors are also making sure that they buy as much as they could during the dip because that's what the basic law of cryptocurrency trade portrayed.

Thats the truth the whales are accumulating any promising coins that are outstanding at a point in time so I believe they are doing same to Ethereum here. Buy during the dip and hold till when the price is high to start selling. Whales always need high profits.

 

[Flower]

Specifically, the whales are known to buy the dip. When the price is on the decline, the whales would acquire more of the Ether for investment purposes. However, I will like to point out that this is not peculiar to the whales. The investors are also making sure that they buy as much as they could during the dip because that's what the basic law of cryptocurrency trade portrayed.

That's how things work in the crypto market. Buying and selling, pumping and dumping etc. The market trend prediction is of utmost importance for a crypto traders. Once you have a full grasp of this, you would surly survive pull successful trades even at the bearish market. This is the current trend in the World of cryptocurrency.

 

[Magdalene]

That's how things work in the crypto market. Buying and selling, pumping and dumping etc. The market trend prediction is of utmost importance for a crypto traders. Once you have a full grasp of this, you would surly survive pull successful trades even at the bearish market. This is the current trend in the World of cryptocurrency.

I don't think that there is dumping and pumping around ethereum. Most of the ethereum holders are playing the long term game. Holding the coin would give you an edge and it's definitely the best trading strategy that you could think of. I plan holding ethereum too but the gas fee associated with the ethereum blockchain discourage me.

 

[Wisdom01]

They are buying the dip and looking for every viable opportunity to make sure they gain as the price rises ,whales are ready to invest more and they are really putting more valid interest in buying at important position , because they also don't want loss when the price of the coin increases higher than ever

 

[Pousinha]

There have been rumors that ethereum a day could overcome bitcoin price. In any way, even this prediction won't realize, ethereum goes on being the queen of cryptocurrencies and some investors believe bitcoin and ethereum are the only cryptocurrencies worth of such investments. Maybe these are the accumulation main reasons.

 

[GoldenLady]

Ethereum is probably the best token after Bitcoin and it would make more sense that whales are accumulating it.

Most whales hire seasoned investors to help manage their portfolio, and these people know that the best time to buy is when the market is bleeding and there's a lot of fear.

 

[Niftyicon]

Well, it shouldn't be surprising that ethereum is being accumulated by whales during the dip since that is the best time to load up on coins of interest. Also, those whales are sure that the ethereum project is sound enough to recover whenever the market recovers.