Ethereum Whales Increase Holdings by 1.49 Million ETH in 30 Days

Ethereum prices briefly fell below $2,500 due to geopolitical tensions, currently trading around $2,567 after a minor recovery. This is down from a weekly high of $2,871.

ETH Whale Holdings Increase

  • Ethereum whale holdings have grown by 3.72% in the last month.
  • 6,392 whales holding between 1,000 and 100,000 ETH increased their total by acquiring 1.49 million ETH worth $38.26 million.
  • Whale accumulation is generally viewed as a bullish signal for long-term price appreciation.
  • Despite a 2.38% decline over the past month, current prices fluctuate between $2,400 and $2,800.
  • The recent whale activity indicates strong investor confidence amid market uncertainty.

Current Price Overview

  • Ethereum trades at $2,536 with a daily gain of 1.18% and a weekly increase of 3.82%.
  • Market sentiment remains bullish; Greed & Fear Index stands at 61 (Greed).
  • Short-term projections suggest a price range of $2,825.11 in five days and $2,767 in one month.
  • Long-term forecasts predict a price of $4,269.40 in three months.
  • Ethereum has a market cap of $309.46 billion and holds a 9.4% market dominance.