Ethereum whales increase long positions as ETH price approaches $2,400
- ETH price rose to $2,400, prompting significant trading activity from large investors.
- Whales opened long positions totaling approximately $90 million in ETH.
- Technical indicators suggest a potential rally toward $3,000 for Ethereum.
The recent increase in Ethereum prices has led to heightened activity among large investors, indicating confidence in short-term gains. With the current momentum, traders are closely monitoring market trends and technical signals.
As ETH approaches the $2,400 mark, whale activity suggests a strong belief in further price increases towards $3,000. (Source)
