The post Crypto Whales Are Accumulating Solana, Ethereum, and Rollblock Ahead of Imminent Bitcoin Rally appeared on BitcoinEthereumNews.com.

Another rally appears to be brewing after the Bitcoin price hit $60K to start the week. And each time Bitcoin price action turns up a notch, you just know crypto whales will begin accumulating blue chips. Some of the hottest blue chip prospects crypto whales are loading up on are Solana, Ethereum, and Rollblock—the latter of which is being pegged for a potential 100x run once it launches and lists on exchanges. Solana offering crypto whales a “buy low” opportunity at $129 Solana has been one of the most consistent performers among the large-cap cryptos. Since bottoming out at $9 at the beginning of 2023, Solana has turned in a scintillating 15x, currently trading at $129 as of press time. And while its current price is way below its March 2024 high of $212, Solana presents an enticing “buy low” opportunity for crypto whales looking to get a juicy discount ahead of the imminent Bitcoin rally. However, it must be noted that Solana’s pump potential is severely pegged by its $60 billion market cap unless you’re one of the crypto whales with big-time capital to invest. Ethereum available at a major discount Ethereum needs no further introduction. Second only to Bitcoin in terms of market capitalization, Ethereum is the first and original smart contract platform whose prices shot up to eye-watering heights at the absolute peak of the 2021 bull run. But despite the launch of the first spot Ethereum ETFs in July, ETH prices have continued to bleed out, as have institutional inflows. Worse—especially for Ethereum holders who bought at March highs of $4,070—the Ethereum Foundation has been constantly dumping ETH tokens on retail. Ethereum prices are down 10% in the past 30 days as token prices trend around the $2,300 range. But like Solana, crypto whales are slurping…

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Filed under: News - @ September 21, 2024 3:27 pm