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Ether whales have been ramping up their ETH buying since the token dipped to yearly lows in April, according to crypto sentiment platform Santiment.
“In exactly 5 months, they have added 14.0% more coins,” Santiment said in an X post on Wednesday, referring to whale holders with 1,000 to 100,000 ETH, valued between $4.41 million and $440.81 million.
Ether (ETH) is trading at $4,376, and is now up 197.30% from its yearly low of $1,472 on April 9, according to CoinMarketCap.
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