Browsing: Ethereum whale activity
Latest Ethereum whale activity news, on-chain trends, and AI-powered market analysis by Bpay News. Track ETH price and ecosystem updates.
In the ever-evolving world of cryptocurrency, whale address 0xfb7 has captured significant attention with its recent activity in the Ethereum market.This prominent whale has made headlines by purchasing an impressive 20,013 ETH from FalconX, translating to a staggering investment of around 59 million USD.
An Ethereum long position represents a strategic bet on the future rise of the Ethereum cryptocurrency, and recent market developments illustrate just how influential this can be.According to a report by Odaily Planet Daily, significant Ethereum whale activity was observed as the “1011 Insider Whale” increased their leveraged position five-fold, now holding around 54,514 ETH.