Summary
- It was reported that Binance's large investors have been steadily buying Ethereum (ETH) recently.
- It was revealed that, especially since July, whale spot and futures buying activity has increased significantly.
- Strong accumulation could support an upward trend.
It has been found that large investors on Binance are buying Ethereum (ETH).
On the 25th (Korea time), a Darkfost, CryptoQuant contributor, reported in a report, "Large investors on Binance are steadily buying Ethereum," adding, "In particular, since July, whale spot and futures buying activity has significantly increased."
The contributor explained, "Whale investors often enter after a trend becomes clear," and added, "Indeed, even this time, buying started in earnest after the trend reversed." He continued, "Nevertheless, such strong accumulation can support an upward trend."
Uk Jin
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