Whales Dey Collect Ethereum Amid Retail FUD as ETH Near ATH
Crypto sentiment tracker Santiment dey report say retail traders dey sell Ethereum as e dey near im all-time high of $4,878 because plenty FUD dey for social media. Big whales dey collect ETH, dem dey soak up the supply wey retail traders dey sell and dis dey help the rally. On-chain data from Glassnode show say short-term holders dey sell more active pass long-term investors, wey fit mean say some pullback fit happen. Ethereum don jomp 53% inside the last 30 days and e climb 7.95% inside the last 24 hours to about $4,622. Even though forecasts dey mixed—targets dey from short-term top to $10,000—the continuous whale buying as retail confidence low dey support bullish trend. Traders suppose dey watch whale activity, retail sentiment, and on-chain metrics to find good entry points.
Bullish
Whale dem dey gather tins when retail sentiment dey low, e dey soak supply and e dey limit sell pressure, dis kain pattern don always help Ethereum rally before. Even though on-chain data show say short-term holders dey sell more—wey fit mean say market fit pull back—big ETH holders demand strong and sentiment resistance dey fade, dis one dey support make price still climb. Dis kain dynamic dey give bullish feeling for near and far term, traders dem suppose dey watch sentiment and whale activity well for better entry points.