A whale, associated with Longling Capital, purchased 6,000 ETH, totaling 75,400 ETH acquired since May 2023 for about 180.4 million USD. This suggests a strong bullish outlook as the investor capitalizes on price fluctuations.
The Ethereum chart shows consolidation after a peak at 4,100 USD, currently around 3,650 USD. A rising trend line and strong buyer interest hint at a feasible rally toward 5,000 USD if bullish trends continue.
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