Ethereum Whale Dey Gather 79,461 ETH ($299M), Show Say Bullish Momentum Dey
Di recent Ethereum whale grab wey get 79,461 ETH (like $299 million) hapun for three days, dem also buy big 16,495 ETH from Galaxy Digital. This kain Ethereum whale grab don bring down the whale average price reach $3,763 per ETH but e show say dem never make profit cos market dey shak shaky, dem get loss of $22 million for now. Big chain move like this show say institutions dey get more interest as network prepare new upgrades. Traders fit see this big ETH buy as good sign for short time gain but if market liquidity low or dem start to liquidate, market fit correct. E good make person dey watch chain moves and whale pattern plus the fundamental things to sabi when to enter and exit well and manage risk for portfolio.
Bullish
One whale wey buy 79,461 ETH within three days dey show say e get strong confidence for Ethereum long-term prospects and e fit give short-term price support. Di lowered cost basis and big unrealized loss mean say e dey accumulate patiently. Institutional interest wey dey come before network upgrades dey add to di bullish outlook. But traders dem suppose dey cautious: concentrated holdings fit cause sudden sell-pressure if di whale decide to liquidate, plus thin liquidity fit make di volatility strong. Overall, on-chain metrics dey point to positive momentum, but proper risk management na the key.