Crypto
Ethereum Whales Snap Up 80,000 ETH, Pushing Price Toward Key Resistance
Ethereum's price has recovered to around $1,923 thanks to large whale purchases totaling 80,000 ETH worth $152 million.
The Whale Sentiment Index rose to near 66, indicating strong buying interest from major holders.
Despite one long-term whale selling at a loss, overall whale accumulation is strengthening demand and bullish momentum.
If this trend continues, ETH could surpass the 100-day moving average and challenge the 200-day average at $2,147.