Ethereum Mega Whales Continue To Buy: Do They Know Something You Don’t?
Summary
The largest Ethereum whales have been rapidly accumulating, with the top 150 non-exchange wallets reaching a new all-time high of 56.25 million ETH. This accumulation trend suggests bullish sentiment among these large holders. In contrast, the supply held by the top exchange addresses has remained low, indicating a positive sign for the long-term outlook of Ethereum. Despite a recent price rebound, Ethereum is trading around $2,250.
