Bargain Hunting? Ethereum Whales Are Buying These Cryptos Amid A Crash - BitcoinEthereumNews.com
Ethereumमोल - भाव में तलाश करना? एथेरियम व्हेल एक दुर्घटना के बीच इन क्रिप्टो को खरीद रही हैं05 / 10 / 2022बिटकॉइन एथेरियम समाचार With the crypto market plummeting to 2022 lows, major whales appear to be heavily buying stablecoins and a few select tokens. While this has done little to support prices, given that selling is largely outpacing buying, whale transactions could help indicate which tokens are set for a quicker recovery. Some major cryptos also appear to have stabilized from recent losses, and are trading slightly above intraday lows. से डेटा व्हेलस्टेट्स shows that Ethereum (ETH) whales bought ETH, USDC and USDT the most in the past 24 hours. The demand for stablecoins is driven largely by volatility driving traders into safe havens. The two stablecoins have also largely retained their peg through the market crash. Whales buy into tokens with utility Data showed that whales bought an average of nearly $2 million worth of ETH per transaction. While the token has slumped nearly 17% in the past week, this buying indicates that whales expect ETH to find its bottom soon. ETHs upcoming switch to a proof-of-stake network has also boosted confidence that the token will become more widely adopted, particularly by institutions. Other non-stablecoin