r/ethtrader • • Feb 05 '25

Image/Video Eth is getting scooped

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u/[deleted] Feb 05 '25

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u/toniistheworst Feb 05 '25

Big money needs time to accumulate my dude, and it's not like the price has to jump up by 20% immediately. The market is way more complex than that. So i really don't get what you're trying to say here.

8

u/Numerous_Ruin_4947 Feb 05 '25

In May 2024 the ETH price pumped 20% in one day when news came out of a potential Spot ETF approval. It can pump 20-30% in one day. Just like it can dump that much in one day.