New Metrics Hint that Ethereum Whales Are Manipulating Prices

New Metrics Hint that Ethereum Whales Are Manipulating Prices



Wahid Pessarlay

Crypto analyst CryptoQuant provided data that shows Ethereum whales have been significantly impacting asset’s value

Ethereum (ETH) whale investors have long held significant influence over the token’s price movement on the market. This influence has taken on new curiosity as data provided by CryptoQuant indicates that whales are manipulating the price of ETH with their exchange activity.

In a Quick Take posted on the blockchain data analytics site, an analyst argued that…


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