Ethereum Whales Bought More Than ¥3 Billion in ETH During Market Dip

Large investors accumulated Ethereum during the downturn, while some companies also adjusted treasury strategies, according to the article.

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Terms & Concepts
  • Ethereum: A blockchain network that supports smart contracts (self-executing blockchain code) and decentralized applications.
  • Whales: Market participants with very large crypto holdings whose buying or selling can influence price movement.
  • Treasury strategy: A company’s approach to managing reserve assets, which can include holding cryptocurrencies on its balance sheet.