Ethereum Whale Accumulation Reaches New Highs Amid Price Surge
- Whale investors are significantly accumulating Ethereum, with major transfers detected in the last 24 hours.
- CryptoQuant data shows accumulation addresses have hit historic inflow levels.
- A notable transaction involved 76,800 ETH worth $195.3 million transferred from Binance to Binance Beacon Deposit.
- An additional transfer of 40,930 ETH valued at $104.7 million was moved to Ceffu.
- Ethereum’s price has increased by 38.6% over the past week and by 50.6% over the past month.
Recent on-chain data highlights a surge in Ethereum accumulation by whale investors, with significant transactions such as a transfer of 76,800 ETH from Binance to Binance Beacon Deposit, reflecting strategic positioning amid rising prices.
Source (2.6)https://coingape.com/ethereum-news-eth-accumulation-hits-new-highs-as-whales-move-150k-coins/?rand=24432
