Whales Ramp Up Ethereum Accumulation Amid Prolonged ETF Outflows
Even though Ethereum spot ETFs have been experiencing net outflows, on-chain activity tells a different story. Ethereum “whales”—that is, investors and entities who hold large amounts of the cryptocurrency—are making brisk purchases of the asset. They are withdrawing millions of dollars’ worth of Ethereum from centralized exchanges and are moving it to decentralized platforms, including … Read more