Whale Buys $5.88M Worth of Ethereum Amid Market Panic: A Golden Opportunity?

• Ethereum’s extreme fear phase often precedes significant price surges for long-term holders.
• The recent whale purchase signals increased accumulation by smart investors in the market.
• Ethereum’s entry into a value regression zone may present a prime buying opportunity now.

The current market situation is very much in the ‘fear’ zone, but some investors believe this is an opportunity to buy the dip. 

On Friday, Altcoin Buzz reported that after being inactive for 2.8 years, a whale purchased 3,659.83 Ethereum (ETH) at a cost of $5.88 million. This has raised eyebrows as the cryptocurrency has been struggling in the volatile market environment.

A WHALE BOUGHT 3,659.83 $ETH WORTH $5.88M AFTER BEING NOT ACTIVE FOR 2.8 YEARS.

WHALES ARE WAKING UP! pic.twitter.com/Qyo5ANA0jT

— Altcoin Buzz (@Altcoinbuzzio) April 18, 2025

Historic “Fear” Phases Linked to Massive ETH Gains

Analyst Crypto Patel noted that the current Ethereum has reached the “fear” phase, which in the past has been associated with a surge in prices. In other fear-based periods, Ethereum’s returns have been 22,800%, 5,917%, and 366%. Such returns suggest that for those with a long-term perspec…

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