Whale Activity Surges Amid Ethereum’s New Spot ETFs Launch

Whale Activity Surges Amid Ethereum’s New Spot ETFs Launch

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Source: TheMerkle.com

The release of nine new Ethereum spot ETFs has significantly influenced whale activity in the cryptocurrency market.

🐳 Whale activity is clearly being impacted by the release of Ethereum's 9 new spot ETF's. Since July 17th, the amount of ETH transfers exceeding $100K in value is +64% higher than the amount of BTC transfers, and +126% than the amount of USDT (on ETH) transfers. 🤯 pic.twitter.com/SnLem6ko5G

— Santiment (@santimentfeed) July

Read More https://themerkle.com/whale-activity-surges-amid-ethereums-new-spot-etfs-launch/

The post "Whale Activity Surges Amid Ethereum’s New Spot ETFs Launch" appeared first here TheMerkle.com.

Source: TheMerkle.com

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