Update on the $ETH situation after the Fed announced interest rate cuts Currently, there are 1,187 Whale wallets holding > 10K ETH 6,286 wallets holding > 1K ETH 37,946 wallets holding > 100 ETH ➡️ The Whale team for #ETH is still actively accumulating since June and shows no signs of distribution ➡️ The Retail team previously sold off a lot. They have just started to fomo after the interest rate news On-chain data shows that ETH is doing quite well.
Update on the $ETH situation after the Fed announced a rate cut Yesterday, 862,137 $ETH were accumulated in the price range of 4,513-4,530 (About 3.9B dollars), a record number for September Pay attention to the Ethereum ecosystem: $EIGEN $ENA $PEPE $ETHFI $OP $ARB In the past, every time ETH experienced a spike in accumulation, it was usually followed by a price growth Personally, I think #ETH might outperform #BTC soon, what do you all think?
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