Whale Activity in Ethereum Market: Ethereum (ETH) has seen a significant rise in its price since the beginning of 2021, breaking its previous all-time high and reaching unprecedented highs. However, unlike previous bull cycles, Ethereum has not seen a lot of speculative whale activity. This is in stark contrast to other cryptocurrencies such as Bitcoin (BTC) and Dogecoin (DOGE), which have seen massive whale movements and price manipulations. What is Speculative Whale Activity? Speculative whale activity refers to the large-scale buying and selling of assets by wealthy individuals or institutions in the hopes of profiting from short-term price movements. These individuals or institutions, known as "whales," hold a significant amount of a particular cryptocurrency and can influence its price by making large trades. Ethereum's Lack of Speculative Whale Activity: The lack of speculative whale activity in Ethereum can be attributed to several f...
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