This Data Shows Ethereum Whales Are Manipulating ETH Prices, Is That True?

The Ethereum whale investors have maintained an influence on ETH price. This is because they use their holdings to create their desired trend in the ETH market. But their impact is raising more brows as per the data from CryptoQuant.

In the crypto space, the whales are persons or entities with higher investment holding of a particular asset. Holding a significant amount of cryptocurrency makes it easy for whales to manipulate and influence the crypto price.

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