Strong Buying in Ethereum, Time to Bag ETH

The post Strong Buying in Ethereum, Time to Bag ETH appeared first on Coinpedia Fintech News

The cryptocurrency market has experienced significant price fluctuations, leading to billions of dollars in liquidations. Amid this, whales appear to be focusing on Ethereum (ETH), the world’s second-largest cryptocurrency by market cap.

In the past 24 hours, the crypto market has seen millions of dollars worth of ETH accumulation. Today, February 3, 2025, blockchain transaction tracker EyeOnChain posted on X (formerly Twitter) that a whale borrowed $28.3 million USDT to buy 10,000 ETH when it was trading near the $2,817 level.

Big Bet on $ETH: Whale Borrows $28.3M USDT to Buy 10K ETH!
In the past 12 hours, a major whale borrowed 28.3M USDT from #AAVE and aped into 10,000 ETH at an average price of $2,817.56 during the market dip. pic.twitter.com/aLO6x82Un8