Over 250K ETH were moved to and fro – from Bitfinex exchange to anonymous wallets – in the last 24 hours. Will Ethereum price surge to $2k?
- Reportedly, 255,510 ETH were involved in whale transactions in the last 24h.
- Ethereum recorded its 7-month-high of $1,842 on March 19.
215,368 Ether has been transferred from a Bitfinex exchange wallet to an anonymous wallet in the last seven hours. According to the on-chain data tracked by Whale Alerts, this Ethereum transaction, worth $385 million at press time, was initiated around 05:28 UTC.
Ethereum Price Analyzed
Ethereum exhibited its key price surges and lined up prominent upgrades since the start of March. Especially, post its Shapella upgrade, ETH recorded a rapid hourly surge. Adding to the upgrade hype, the account abstraction functionality garnered predominant attention.
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