Ethereum Whales Accumulate Despite Price Stagnation, Indicating Bullish Sentiment
Ethereum's reserves on Binance hit a high not seen since May 2023, suggesting potential selling pressure, yet U.S. demand and ETF inflows indicate bullish accumulation. Despite on-chain signals of market indecision and technicals remaining neutral, ETH's price stability hints at a possible upcoming breakout, with market participants awaiting a clear trigger.