Summary
- It was reported that whales have accumulated 400,000 Ethereum (ETH) during the market downturn.
- According to the analyst, the size of this purchase is around $1.7 billion.
- Currently, Ethereum (ETH) is trading at $4,195, down 2.41% compared to 24 hours ago.
It has been revealed that whales have accumulated over 400,000 Ethereum (ETH).
On the 20th (local time), Ali Martinez, a cryptocurrency analyst, announced on X (formerly Twitter), "During the downward trend, whales purchased 400,000 ETH." This amount is equivalent to $1.7 billion based on the current XRP price.
As of 10:06 PM, XRP is trading at $4,195 on the Binance USDT market, down 2.41% compared to 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
![[Exclusive] “Airdrops also taxable”... Authorities to adopt a ‘comprehensive approach’ to crypto assets](https://media.bloomingbit.io/PROD/news/d8b64ab3-376a-41c1-a0a8-5944ff6b90c7.webp?w=250)
![[Market] Bitcoin slips below $75,000…Ethereum also falls under $2,200](https://media.bloomingbit.io/PROD/news/eaf0aaad-fee0-4635-9b67-5b598bf948cd.webp?w=250)