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Ethereum

Big Ethereum orders have returned — Is that worth watching?

Image: AMBCrypto

Ethereum's [ETH] path has now forked into two paths. The big players are back, but Futures aren't quite there yet. And regular traders? Still nowhere to be seen. Who's about to win? Whales have returned, but not everyone's happy! Well, let's start with the big money, because it just came back. CryptoQuant's Spot Average Order Size for Ethereum indicated "Big Whale Orders" again. This was with ETH near $2.4K. That's the first time since mid-August. There's a story behind it. Whale-sized orders were all over the place through February and March. They came back in June too, during the bottom. Both times, the price recovered soon after. There's one catch here though. It's clear how big the orders are, but not which way they're going.

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