Ethereum Rebounds Above $3,600 As Whales Accumulate

Ethereum Rebounds Above $3,600 As Whales Accumulate

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Source: TheMerkle.com

Ethereum has made a notable rebound, surpassing the $3,600 mark today, fueled by reports of whale accumulation of ETH tokens.

According to data from Lookonchain, significant withdrawals from exchanges have been observed, indicating whale activity.

One such example is wallet address 0xACc7, suspected to be associated with Matrixport, which withdrew 22,251 ETH ($80.06M) from exchanges in the past few hours and a total of 33,925 ETH ($122.06M) over the

Read More https://themerkle.com/ethereum-rebounds-above-3600-as-whales-accumulate/

The post "Ethereum Rebounds Above $3,600 As Whales Accumulate" appeared first here TheMerkle.com.

Source: TheMerkle.com

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