Whale activity drives accumulation: Whales have accumulated 6,102 ETH worth approximately 23.84 million USD in two transactions, pointing to growing confidence in Ethereum’s price stability.
Ethereum’s performance metrics: Currently valued at 3,968 USD, Ethereum has gained 2.07% daily and 27.33% monthly, showcasing strong positive market sentiment.
Institutional influence supports growth: Institutions are acquiring Ethereum, as large withdrawals from exchanges indicate reduced selling pressure, signaling potential for breaking the 4,000 USD resistance.
Leave a Reply