Ethereum Price Analysis 05/04: ETH Price Surges as Large Investors Accumulate ETH
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Ethereum Price Analysis 05/04: ETH Price Surges as Large Investors Accumulate ETH

1m
1 year ago

Shark investors' steady of Ethereum since last resulted in surge to an 8-month high of over $1,870, with holding 100-10k $ETH accumulating $4.24B in the past 9 months.

Ethereum Price Analysis 05/04: ETH Price Surges as Large Investors Accumulate ETH

SNEAK PEEK

  • Ethereum’s price has surged to an 8-month high of over $1,870 today, the first time since August 17, 2022.
  • Large investors, referred to as sharks, have been steadily accumulating Ethereum since last summer.
  • In the past 9 months, addresses holding 100-10k $ETH have accumulated $4.24B in value, according to Santiment data.
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