Data: Addresses holding 100 to 10,000 ETH increased their holdings by 218,000 ETH in the past week

ChainCatcher news, the cryptocurrency market analysis firm Santiment released data on social media indicating that Ethereum whales and sharks holding between 100 and 10,000 ETH have finally shown some confidence.

During the period from October 5 to 16, this group sold off 1.36 million ETH, but in the past week, they have bought back nearly one-sixth (218,470) of that amount, which is a positive sign for Ethereum.