Ethereum Whales Show Signs of Activity, Reach New High Since March

According to Odaily, Ethereum whales are showing signs of activity. Yesterday, the number of Ethereum transactions exceeding $100,000 surged significantly, reaching a new high since the end of March. The data indicates that large holders are accumulating tokens. Addresses holding more than 0.1% of the total supply showed the highest single-day accumulation in a month. This suggests a potential shift in the market dynamics, with large investors possibly preparing for future price movements. However, it is important to note that while this activity indicates a potential trend, it does not guarantee any specific outcome in the market. Investors should always conduct their own research and consider multiple factors before making investment decisions.