Ethereum has faced a significant downturn, currently trading at $2,324.88 after a 5% drop, with fears among investors following a major whale’s acquisition of 28,000 ETH. Meanwhile, the new utility memecoin Cutoshi (CUTO) is gaining traction, offering practical DeFi features and potential for substantial returns, with predictions suggesting it could reach $1 by 2025.
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0 posts last weekEthereum Whales Invest 66 Million During Price Dip Amid Cautious Sentiment
Whale investors known as “7 Siblings” have purchased 28,120 ETH worth $66 million during a recent price dip, demonstrating confidence in Ethereum despite market caution. This follows their previous acquisition of 56,093 ETH for $129 million in August. As Ethereum’s price hovers around $2,381, analysts predict potential declines to $2,200, influenced by broader market tensions.
read moreEthereum Whales Accumulate 144000 ETH Amid Market Dip and New Project RCO Finance
During a recent Bitcoin crash, major investors, including one known as 7 Siblings, purchased 144,000 ETH, capitalizing on lower prices. Meanwhile, RCO Finance, a new platform utilizing AI for trading across various asset classes, is attracting attention from these whales for its innovative robo advisor and potential for significant profits. RCOF’s presale is currently underway, with projections suggesting substantial returns for early investors.
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