With all the attention in the crypto-space being directed towards the FTX saga, whales and sharks have been accumulating ETH under the radar.

Santiment, a leading crypto-analytics firm, recently tweeted that addresses holding 100 to 100k ETH were capitalizing on the altcoin’s price drop. In fact, they have been accumulating $ETH massively. The platform also revealed that the last time whales accumulated so much ETH, there was a price surge of 50% on the charts.

(by Suzuki Shillsalot)