Ethereum Whales Accumulate ETH While Mutuum Finance Takes Off

Ethereum whales have been quietly amassing Ethereum (ETH) this November, acquiring over 218,000 ETH as prices dipped below $4,000 after a 3% drop on October 30. Spot ETF flows turned negative by $84 million that day, led by Fidelity’s withdrawals of $69.5 million. Meanwhile, blockchain trackers show substantial investment into Mutuum Finance (MUTM), an altcoin trading at $0.035. Institutional investors have injected six-figure sums into MUTM, raising $18.4 million from over 17,600 investors, with DeFi use cases promising a potential 420% return on their initial investment.