Whale makes significant purchase of Ethereum units amid market fluctuations, sparking hopes for future growth. Analysts predict Ethereum to reach $10,000 by 2025.
Amid recent market fluctuations, a whale purchased 23 thousand units of Ethereum worth $77 million. This significant purchase, executed at a price level of $3,368, has created hopes for the future growth of this digital currency. According to chain data, this whale has conducted 25 major transactions from August till now, with 84% being profitable, totaling $4.57 million in earnings. Currently, the price of Ethereum has dropped by 1.38% to $3,353, but analysts predict this digital currency to reach $10,000 by 2025. Experts suggest that recent whale purchases may indicate a strong upward trend for Ethereum in the near future.
