Crypto
Ethereum Whale Transactions Surge 500% as $864M Accumulation Signals Final Hurdle
Ethereum's price has remained relatively quiet at $2,702.83 over the past 24 hours, but beneath this calm surface, a significant whale accumulation event is unfolding.
Crypto analyst Ali Martinez (@alicharts) highlighted this move in a thread, labeling it 'Ethereum: Final Hurdle Before Bull Run.'
The data behind this declaration shows that large-wallet transactions on the Ethereum network, those exceeding $1 million, surged nearly 500% in one week, jumping from 1,202 to 7,113 according to Santiment data.