Big investors, known as whales, recently snapped up a massive amount of Ethereum (ETH).
Whale Activity
According to crypto analyst Ali Martinez, whales purchased over $422 million worth of ETH in just 24 hours. That’s a lot of ETH! This information comes from the analytics firm Santiment. Martinez shared this news with his large following on X (formerly Twitter).
Bitcoin’s Price Outlook
Martinez also looked at Bitcoin (BTC), pointing out key price levels to watch. He noted strong resistance around $97,828 and support around $64,078, based on where investors previously bought BTC.
Other Cryptocurrencies
The analyst also commented on Dogecoin (DOGE) and XRP. He suggested DOGE is holding steady above a crucial support level, while XRP might dip as low as $1.65, based on a technical chart pattern.
Disclaimer: This information is for general knowledge only and is not financial advice. Always do your own research before investing in cryptocurrencies.
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