Two major Ethereum whales are quietly buying the dip

One Ethereum whale spent 300 million USD on ETH through Galaxy Digital, while SharpLink invested 108.57 million USD to acquire 30,755 ETH. These transactions highlight renewed optimism in Ethereum amid increasing on-chain activity.

With over 931,000 active Ethereum addresses recorded, user engagement is on the rise. Experts view these whale purchases as a sign of confidence in Ethereum’s long-term value, as the asset shows potential for future growth within the crypto space.

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