Ethereum Price Correction Looms as Whale Accumulation Continues

Ethereum has experienced a significant surge of 17%, reaching an all-time high of $1,819 before experiencing a retracement to the $1,754-$1,797 range. This increase comes amidst substantial whale accumulation observed in recent days, with large addresses adding over 130,000 ETH as prices fluctuated. Experts predict this correction may influence broader cryptocurrency markets and signal potential shifts in trading sentiment.