From the image below, it can be seen that despite Ethereum’s growing prices, the daily transaction volume in profit decreased.
This indicated that even though many Ethereum holders had a chance to benefit from this recent rally, they decided not to sell and held on to the altcoin. Additionally, whale interest surrounding Ethereum grew over the last few days, according to Santiment.Even though there is a lot of volatility surrounding the crypto market, it appears that the crypto community stood in favor of holding on to theirSubscribe to get it daily in your inbox.
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ETHGate who are the 'Disguised Whales'?