In typical fashion, the crypto market is witnessing declines after a long period of bullish momentum. While the decline saw the total market cap of all crypto assets drop by 17.1% to $1.86 trillion, BTC and ETH are renewing investors’ hope with their potential to rebound.
Additionally, the emerging Rolblock also has promising potential to become one of the best long term crypto investments DeFi investors have ever seen and here’s why.
Ethereum investors set to make huge gains as rebound looms
Regardless of the bad state of the market right now, things are about to look up for ETH investors, as it seems like ETH is making a comeback. This is mainly because of the recent inflows in Ethereum.
As data from the Blockchain analytics platform Spot On Chain revealed that Justin Sun, the founder of TRON, acquired a remarkable $36 million worth of ETH from Binance, boosting his total ETH holdings to 392,474.
Another reason for this comeback is that spot ETH ETFs have gained $98.3 million.
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