The second largest cryptocurrency, Ethereum (CRYPTO: ETH), traded lower on Friday, falling below the $1,200 level, before bouncing back above the key level early Sunday.
According to Santiment, Ethereum whales are accumulating the cryptocurrency at the highest rate since 2020.
Santiment said the last accumulation at this scale happened in 2020. At that time, it sparked an ETH rally which saw the price rise by 50%.
Last week, ETH whales moved a massive $1.03 billion worth of Ethereum in just one…
Source link
