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$ETH Ethereum Mega Whales Aggressively Accumulating
ETH Recent on-chain data reveals that Ethereum (ETH) mega whales wallets holding significant amounts of the cryptocurrency are aggressively accumulating ETH. Over the past 24 hours, Ethereum surged 4.48% to approximately $3,700, fueled by whale activity and substantial ETF inflows of $727 million. Large holders are capitalizing on market dips, with notable transactions indicating strong confidence in ETH’s long-term potential, especially following updates to the zkEVM roadmap. This accumulation trend, coupled with growing institutional interest, suggests bullish sentiment for Ethereum as it approaches key resistance levels near $4,000.
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