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Crypto Whales Load Up $3,807,886,076 Worth of Ethereum in Just Two Days, According to Analyst

Crypto Whales Load Up $3,807,886,076 Worth of Ethereum in Just Two Days, According to Analyst

Daily HodlDaily Hodl2025/01/25 16:00
By:by Henry Kanapi

A prominent crypto analyst says deep-pocketed investors have been spotted loading up huge amounts of Ethereum ( ETH ).

Trader Ali Martinez tells his 119,200 followers on the social media platform X that crypto whales gobbled up more than $3.80 billion worth of Ethereum in a two-day span.

“Whales have bought over 1.14 million Ethereum $ETH in [48 hours!]”

Crypto Whales Load Up $3,807,886,076 Worth of Ethereum in Just Two Days, According to Analyst image 0 Source: Ali Martinez/X

At time of writing, Ethereum is trading for $3,340.

The trader is also keeping an eye on the interoperable blockchain Polkadot ( DOT ). According to Martinez, DOT looks primed to ignite a big upside burst as it threatens to break out from a bullish continuation pattern.

“Polkadot DOT looks ready to break out of a bull pennant, targeting $17!”

Crypto Whales Load Up $3,807,886,076 Worth of Ethereum in Just Two Days, According to Analyst image 1 Source: Ali Martinez/X

At time of writing, DOT is worth $6.34.

Looking at the layer-1 protocol Aptos ( APT ), Martinez warns that the crypto asset appears to be forming a bearish reversal structure on the 12-hour chart. The trader says that APT has to spark rallies soon otherwise the altcoin might witness a severe corrective move.

“Aptos APT appears to be forming a head-and-shoulders pattern, with a potential downside target of $4.30. A sustained close above $10.50 is needed to invalidate the bearish outlook.”

Crypto Whales Load Up $3,807,886,076 Worth of Ethereum in Just Two Days, According to Analyst image 2 Source: Ali Martinez/X

At time of writing, APT is trading for $8.26.

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Generated Image: DALLE3

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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