Whale Moves: $7.9 Million Bet on ETH and ADA Bull Markets

Whale Makes Big Move in Crypto Market

On January 17, Onchain Lens data revealed that two wallets linked to a whale deposited a total of $7.9 million in USDC, indicating a strong bullish stance on both Ethereum (ETH) and Cardano (ADA). This significant activity highlights growing confidence in the market.

Detailed Trading Actions

Wallet '0x8Fc' placed orders for ETH in the price range of $3,267.2 to $3,275.7, and also set buy orders for ADA at $0.3851 to $0.3888. Additionally, wallet '0xCe8' placed orders for ETH in the range of $3,267.3 to $3,273.5.

Potential Market Impact

This large-scale investment not only reflects a bullish outlook from top investors but could also influence the price trends of ETH and ADA, potentially prompting market followers to take similar actions.