• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • bitcoinBitcoin(BTC)$28,357.005.81%
    BITCOIN
    24H : 5.81%
    Volume : $22,120,477,246.00
    Marketcap : $549,015,768,304.00
  • ethereumEthereum(ETH)$1,810.535.28%
    ETHEREUM
    24H : 5.28%
    Volume : $11,602,023,149.00
    Marketcap : $218,387,202,485.00
  • binancecoinBNB(BNB)$317.302.68%
    BNB
    24H : 2.68%
    Volume : $685,512,559.00
    Marketcap : $50,153,976,746.00
  • rippleXRP(XRP)$0.57017.15%
    XRP
    24H : 17.15%
    Volume : $5,109,514,380.00
    Marketcap : $29,509,044,404.00
  • cardanoCardano(ADA)$0.38711.17%
    CARDANO
    24H : 11.17%
    Volume : $541,668,865.00
    Marketcap : $13,580,684,526.00
  • dogecoinDogecoin(DOGE)$0.0765.14%
    DOGECOIN
    24H : 5.14%
    Volume : $477,154,094.00
    Marketcap : $10,563,829,275.00
  • matic-networkPolygon(MATIC)$1.148.70%
    POLYGON
    24H : 8.70%
    Volume : $495,020,283.00
    Marketcap : $10,345,335,853.00
  • solanaSolana(SOL)$21.167.15%
    SOLANA
    24H : 7.15%
    Volume : $523,876,997.00
    Marketcap : $8,166,082,394.00
  • polkadotPolkadot(DOT)$6.246.70%
    POLKADOT
    24H : 6.70%
    Volume : $190,100,297.00
    Marketcap : $7,612,558,960.00
  • okbOKB(OKB)$43.271.13%
    OKB
    24H : 1.13%
    Volume : $40,027,377.00
    Marketcap : $2,598,973,772.00
TodayinCrypto.com

TodayinCrypto.com

  • Home
  • Latest News
  • YOUTUBE RECAPS
  • CONTACT US

Whales acquire $72 million worth of Ether in only a few hours as the crypto market recovery continues


January 12, 2022 · By MATheGooner
Ethereum (ETH)

Data shows Ethereum whales snatched up more than 21,000 units of Ether (ETH) as the crypto market recovers.

Image source: AZCoin news

The new year has not been kind to cryptocurrencies, which rose on Wednesday following a shift in market sentiment after weeks of sell-offs that briefly drove Bitcoin below $40,000.

According to data from research firm IntoTheBlock, Ethereum traders have purchased over 21,000 ETH in the last six hours as the cryptocurrency market recovers.

Hopium.

Analyzing $ETH Trades per Side indicator, buying activity has accelerated significantly over the past 90 minutes, coinciding with the price of #Ethereum reaching $3,300 again.

More than 16,000 ETH has been bought over the last 60 minutes.https://t.co/j32OLj1VLK pic.twitter.com/cpJTH8TwGD

— IntoTheBlock (@intotheblock) January 12, 2022

The surge in buying activity was a long-awaited event for the market, which had been in a steep slump since December of last year. 

Before the recent recovery, Bitcoin had lost roughly 15% of its value, Etheruem had lost as much as 20%, and other big altcoins had lost even more since the start of the new year. 

Ether is currently trading at $3,359.75, down 31% from all-time highs, with a 24-hour trading volume of $18,611,122,683. In the previous 24 hours, the second-largest cryptocurrency by market capitalization has gained 7.70 percent.

Primary Sidebar

LATEST NEWS

VPN Users Beware! The RESTRICT Act Could Land You in Hot Water!

March 29, 2023

Tick-Tock for Crypto Clients: Signature Bank’s Deadline Approaches

March 29, 2023

The SEC’s Crypto Crackdown: Operation Choke Point 2.0 Unveiled

March 29, 2023

Binance and CEO CZ sued by US regulator over alleged illegal activity

March 27, 2023

Terraform Labs co-founder Do Kwon fights back against unjustified detention extension

March 26, 2023

  • Facebook
  • Instagram
  • Twitter

Newsletter

Footer

ABOUT US

TodayinCrypto is a financial media brand that strives to deliver breaking, accurate and daily news about digital assets to millions of investors in the crypto industry.

We are passionate about Bitcoin and are keen to share news about the people, companies and technological developments that are changing our world.

TODAY IN CRYPTO

  • Latest obtained documents reveal that Binance kept ties with China despite its departure announcement March 29, 2023
  • VPN Users Beware! The RESTRICT Act Could Land You in Hot Water! March 29, 2023
  • Tick-Tock for Crypto Clients: Signature Bank’s Deadline Approaches March 29, 2023

Search

Tags

Aave (AAVE) Aleph.im (ALEPH) Arweave (AR) Avalanche (AVAX) Benchmark Protocol (MARK) Binance Coin (BNB) Bitcoin (BTC) Bondly (BONDLY) Bridge Mutual (BMI) Cardano (ADA) Celsius Network (CEL) Chainlink (LINK) Decentraland (MANA) Dogecoin (DOGE) Elrond (EGLD) Enjin Coin (ENJ) Ethereum (ETH) Ethernity Chain (ERN) Fantom (FTM) FTX Token (FTT) Kusama (KSM) Litecoin (LTC) NFT OriginTrail (TRAC) PAID Network (PAID) PancakeSwap (CAKE) Polkadot (DOT) Polkastarter (POLS) Polygon (MATIC) SnowSwap Solana (SOL) SuperFarm (SUPER) Sushi (SUSHI) Terra (LUNA) Terra Classic (LUNC) The Graph (GRT) Theta Network (THETA) Tixl (TXL) Trustswap (SWAP) Uniswap (UNI) USD Coin (USDC) VeChain (VET) XRP (XRP) yearn.finance (YFI) Yield Optimization Platform & Protocol (YOP)

Copyright © 2023 · Today in Crypto · Terms & Privacy · Log in