Recently, a large investor has attracted attention in the crypto currency market by investing in a total of $ 110 million in Bitcoin and Ethereum. While the transactions were carried out over a stock market on the counter (OTC), it was observed that these purchases contributed to the overall rise trend in the market.
Big purchase wave in Bitcoin and Ethereum
Investor, within the scope of his transactions transferred to two separate addresses. In the first stage, 600 Bitcoin was purchased with a budget of approximately $ 56 million. Then, 30,000 Ethereum portfolies were added to 54 million dollars. These voluminous transactions strengthened the procurement pressure in the markets and raised the appetite of investors.
According to the data, Bitcoin gained 7 percent of the last seven days. Ethereum has exhibited an increase of 9 percent in the same period. In particular, the support of major crypto currencies with successive purchases increased the expectations of investors.
Analysts emphasize that such large -scale transactions make a positive psychological contribution to the markets. The introduction of a large buyer often reinforces the trust of other investors and accelerates general mobility.
According to analysts, confidence in the market increases
Analyst Ali Martinez, who closely monitored the crypto currency market, said that approximately 100 new institutions holding Bitcoin over January since January participated in the network. According to Martinez, such corporate participation brings both stability and new capital flow to the market.
Similarly, there are signs that the Ethereum side has increased institutional interest. Market observers, especially large -scale purchases play an important role in supporting the price of Ethereum. The fact that investors closely follow these transactions makes the sensitive balance of the market even more apparent.
On the other hand, the acceleration of the rise movement in the market brings some risks. Observer indicates that such sudden purchases can increase price fluctuations. Therefore, it is emphasized that investors should take cautious steps by taking into account their expert opinions.
As a result, these major purchase movements in the Bitcoin and Ethereum market created a strong signal of confidence in the crypto currency sector. Increased prices and new corporate initiatives suggest that the market can be more active in the coming period.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
