Ethereum whales accumulate millions in ETH as price drops below $2,200
AI summary
Large Ethereum holders have bought millions of dollars of ETH over the past several days, with multiple wallets continuing to accumulate even as the price fell below $2,200. The buying comes amid heavy selling across the broader crypto market. Traders often read whale accumulation during a drawdown as a sign that large holders expect a rebound, though it can also precede further declines.
