Recent price movements in the cryptocurrency market have seen Ethereum experience a significant downturn, with the altcoin finally sustaining a break below the critical $3,000 support level. Ethereum has suffered a notable 4.76% decline over the past 24 hours, bringing its current trading price to just above $2,900. Related Reading: Solana Rebound: SOL To Hit $260 Despite Continuous Dip, Analyst Says While retail traders are still scrambling for their next move, on-chain data shows an interesting accumulation pattern of ETH by a particular whale entity. This whale, whose strategic moves have historically demonstrated an impressive 100% investment win rate, has been steadily increasing their holdings of ETH for the past two months. Whale Sees Crash As Buying Opportunity According to on-chain data noted by Lookonchain on social media platform X, a smart money whale has been taking advantage of the recent ETH price fall to add to its holdings. As revealed by the on-chain tracker, this whale recently bought another 2,424 ETH worth $7.22 at the time of purchase. This latest acquisition brings the whale’s total purchases to 19,436 ETH worth $68.25 million at an ..
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