A smart money investor accumulates about 24,500 Ethereum tokens in September, even as price of the largest altcoin falls in the last few days.
took to X to claim that there was no concrete evidence to suggest that whales were mass-purchasing ETH coins.His findings were based on data from Glassnode, which didn’t show a notable increase in the holdings of whales in September.ETH, the second-largest cryptocurrency by market cap, dipped below $1,600 over the last few days, per
. Atulya Bhat, CMO of Indian cryptocurrency exchange BuyUcoin attributed this to concerns over the Federal Reserve’s tight monetary policy.but signaled one more rate hike by the end of the year.
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