$170M Ethereum Whale Purchase Fuels $2,200 Target
Ethereum whales have purchased approximately $170 million in ETH, which could strengthen the $2,200 target by reducing liquid supply and signaling conviction near lower prices.
The accumulation becomes more meaningful when tokens move into staking or long-term custody rather than remaining available across exchanges. AlphaPepe's current presale entry has already changed sixteen times since Stage 19 began, with a current price of $0.02707.
Buyers may view the period around the 19 August reveal as one last-chance window, although closure still requires official confirmation. The signal becomes stronger when tokens move into staking contracts or private custody, reducing the chances of another decline due to macro pressure and ETF outflows.