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Ethereum Whales Accumulate as Price Risks and Gains Surge

1 min read
Source: AMBCrypto
Ethereum Whales Accumulate as Price Risks and Gains Surge
Photo: AMBCrypto
TL;DR

Ethereum's accumulation addresses have reached a record high of 22.8 million ETH, indicating strong conviction among long-term holders and potential for a major rally. On-chain activity has surged, and stablecoin dominance suggests possible altseason. However, ETH faces technical resistance at around $2.6K, and a break above this level could propel it past $3K, contingent on overcoming key resistance levels.

Topics:businesscryptocurrency#accumulation#cryptocurrency#eth#ethereum#on-chain-activity#price-prediction
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  1. Ethereum accumulation hits record high – Will ETH explode past $3K?  AMBCrypto
  2. Ethereum Risks 25% Price Drop as "Massive Whale’"Moves $237m in ETH to Exchanges  Cointelegraph
  3. motivation-for-all(@Square-Creator-b103ba6a3138)'s insights  Binance
  4. Whales Double Down On ETH: What’s Next For Ethereum Price?  The Market Periodical
  5. ICO-Era Ethereum Whale with 787,000% Gain Suddenly Wakes Up  TradingView

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