Ethereum Price Rebounds After 15% Drop: Whales Betting on Recovery

Following a dramatic 15% price drop, Ethereum is showing signs of recovery. This rebound is fueled by significant buying activity from institutional investors, known as whales, who are betting on a market resurgence. The recent volatility in the cryptocurrency market has impacted Ethereum’s value, but this recovery signifies potential resilience and a shift towards optimistic market sentiment. Experts believe that these whale bets reflect an increased confidence in Ethereum despite recent losses, demonstrating continued interest in the cryptocurrency.