Crypto Express

07/13 02:40

Are whales silently backing Ethereum’s next leg up

Are whales silently backing Ethereum’s next leg up?

However, whale accumulation has also strengthened Ethereum’s bullish outlook. IntoTheBlock data shows a notable 18.95% increase in large holder netflows over the past 7 days. 

Despite price fluctuations, large entities continue to absorb ETH, likely betting on broader upside following dovish macro signals. 

These inflows reflect growing conviction among seasoned investors, potentially front-running further catalysts. 

With ETH holding firmly above $2,900, whale accumulation adds a strong on-chain foundation that may stabilize price and fuel the next breakout above $3K.

#Share Your Thoughts on Popular Assets in June#Will ETH's continuous rise trigger the alt season?#Claim1,200 USDT in the Monthly Creation Challenge#Do you think NEWT is promising?#Do you think SQD is promising?

75Share