Ethereum Whales Go on a Buying Spree as ETH Price Drops

Ethereum, the second-largest cryptocurrency by market capitalization, has faced a turbulent period, with its price plummeting to levels not seen in nearly three years against Bitcoin.

TLDR

The recent price drop has been significant, with Ethereum’s value against Bitcoin (ETH/BTC) falling to around 0.048 BTC, a level last witnessed in May 2021.

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