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Ethereum whales are eyeing Cutoshi after its CoinMarketCap listing, driving interest as it secures $550K in presales and gains visibility.
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Ethereum whales, known for their strategic investments, are looking for new opportunities and found Cutoshi a promising project, especially after the CoinMarketCap listing. This unexpected interest highlights Cutoshi’s rapid rise in visibility within the crypto space, which has already secured $550,000 in presales.
With bullish sentiment building, Ethereum whales are closely tracking Cutoshi’s movements, eager to see if it will mirror the growth trends seen with other successful meme coins.
Ethereum whales control Billions while tracking new opportunities like Cutoshi
Ethereum whales, the top investors in the network, hold a significant influence over the cryptocurrency’s market dynamics. Currently, the 10 largest wallets alone hold 34.6% of Ethereum’s total supply, amounting to an impressive 27.86 million ETH. This level of concentration underscores the whales’ substantial impact on Ethereum’s price movements and overall liquidity, as their trading activities can swiftly shift market trends as they control roughly $74.79 billion.
These whales are not only pivotal in supporting Ethereum’s stability but are also known for closely tracking emerging projects to diversify their holdings. Recently, some whales have shown interest in Cutoshi, signaling that they see potential in this rising meme coin, which has gained attention after its CoinMarketCap listi
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Author: Guest Post
