Whale Activity Surges
Ethereum whales, the crypto world’s heavy hitters, have been making big moves. Over the past 14 months, they’ve increased their holdings by almost 30%, amassing a whopping 21 million ETH worth $83 billion. This surge is likely fueled by the SEC’s approval of Ethereum ETFs, which has sparked confidence in the market.
Whales Taking Profits
Whale transactions over $100,000 and $1 million have spiked recently, suggesting whales are cashing in on the bullish sentiment. However, analysts believe this may be a temporary pause before they dive back into buying.
Positive Trend for Ethereum
Beyond whale activity, Ethereum is seeing a positive trend in daily transactions. For every losing trade, there are nearly two winning ones, indicating optimism among investors.
Price Predictions
Ethereum’s price is expected to continue its bullish momentum. Predictions suggest a yearly low of $3,716 in 2025 and a potential high of $6,722. This represents a potential 80% increase from its current value.
Ethereum’s Strength
Ethereum’s resilience and attractiveness to investors is evident in its performance over the past year. It has outpaced most top crypto assets and is trading above its 200-day moving average. Its high liquidity and negative inflation rate further support its value appreciation potential.
