Whale’s $1.3B ETH Buy Signals Bullish Bias Ahead of CPI
I see a large on-chain whale acquiring $1.3B of Ethereum ahead of upcoming US inflation data, which I take as a clear bullish signal from a deep-pocketed investor.
That said, the timing around macro prints adds risk: a surprise inflation print could trigger sharp volatility despite the whale's conviction.
I’m inclined to view this as a positive directional cue for ETH, but I’ll size positions carefully and watch price reaction to the CPI release before adding significantly.
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