Ethereum whales are accumulating at an alarming rate: an imminent rise?
Ethereum is making headlines again. After a sharp drop below $2,000, the largest cryptocurrency holders, the whales, are reversing the trend by massively accumulating ETH. This change in strategy, combined with technical analysis and bold predictions, fuels hopes for a rebound.
In brief
Ethereum whales are withdrawing thousands of ETH from cryptocurrency exchanges, indicating unprecedented accumulation.
Ali Charts identifies strategic buy levels, with ETH around $2,123, a key entry point according to the charts.
Tom Lee had anticipated this opportunity: does his recent analysis confirm the current rebound?
Ethereum whales are changing their strategy: unprecedented accumulation
Over the past few weeks, Ethereum whales have radically changed their behavior. Recent data reveals massive withdrawals of ETH from cryptocurrency exchange platforms like Binance. In fact, a single wallet, 0x28eF, withdrew 60,784 ETH, or approximately $126 million, in just 30 hours! This movement, far from being isolated, reflects a broader trend: large holders are accumulating rather than selling.
This accumulation comes after a period of intense selling pressure that pushed ETH below $2,000. Therefore, analysts consider it a strong signal and wonder if the whales anticipate a rebound. These accumulations often precede significant rises, and investors are now closely monitoring these movements! Everyone hopes they mark the beginning of a new bullish phase for Ethereum.
