ETH Breaks Trend Line, Eyes $2.8 Target Amid Whale Accumulation
Ethereum has broken above its declining trend line that had been observed for months.
Analysts are predicting that if support holds, the price of Ethereum could reach $2.800.
A significant whale wallet, 0x2684, made a large purchase of 7,919.5 ETH worth around $14.89 million in a accumulation that has been ongoing since June 30th.
The total amount accumulated by this wallet is now 74,265 ETH.