In a significant move, whale wallets accumulated over 1 million ETH in one day, the highest daily buy since 2018, signaling strong institutional confidence.
The Ethereum Foundation’s transfer of 9,000 ETH to a secure wallet further restricts the circulating supply, intensifying bullish market expectations.
CME data reflects a record-high net short position against ETH, suggesting potential for a short squeeze as whale accumulation grows.
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