Whales are loading up ETH while retailers are giving it away...Hello Traders 🐺
In this idea, I want to talk about the ETH/BTC chart, because in my opinion, ETH is already heavily oversold, and this signals a massive upward move coming for ETH. 🚀
Also, I've brought solid evidence showing that whales are silently accumulating ETH, just like they did when ETH was around $ 4000 — while right now, we are sitting at the very bottom of the cycle, far from the previous ATH. 👀
Take a look at this CryptoQuant chart, showing the ETH balance of whale wallets (10K - 100K ETH):
🧐 My Analysis:
As you can see, whales have been silently accumulating ETH since early 2023, while the price (white line) has been consolidating. 📈
This exact same pattern happened in 2017 and 2020 before Ethereum's major bull runs.
🔥 What does this mean?
✅ Whales always accumulate before the big move happens.
✅ This is a strong signal for an upcoming ETH breakout.
✅ We are currently at the bottom of the ETH/BTC chart, which gives the highest risk/reward opportunity right now.
In my opinion, Ethereum will be one of the best-performing assets in this bull cycle. 🐂💎
Don't miss it. 🚀
🐺 KIU_COIN 🐺
