Whales are accumulating ETH.



Since October 2024, large Ethereum holders (“mega whales”) have increased their Ethereum holdings by 9.31%, the fastest accumulation since 2020 and double the pace ahead of the 95% rally in 2022.

Large holders began accumulating the asset well before the broader market noticed in both cases. ETH price action has remained relatively stable in recent weeks, suggesting that the current accumulation phase is still ongoing.

According to Glassnode , the Ethereum underlying price distribution heatmap shows that the $2,500–$2,536 range is one of the strongest accumulation zones in recent months. #btc# #etc# #xrp# #ltc# #sol#
DOGE0.53%
XRP1.49%
GT1.45%
ETH0.86%
BTC0.38%
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GateUser-172b4878vip
· 07-12 07:02
Hold on tight, we are about to To da moon 🛫
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Deltaprovip
· 07-12 06:29
⏺Bitcoin Reaches All-Time High Above $118,000, ETH Breaks $3,000 Amid Record Inflows into BlackRock ETFs
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