Ethereum Price Approaching Breakout: Whale Activity & Chart Pattern Signals Upside

Ethereum (ETH) is poised for a potential strong bullish breakout, fueled by increasing whale activity and a rare chart pattern. On-chain data shows whales are accumulating more ETH, signaling positive trends. Their holdings have risen to 103.5 million ETH, an increase of almost 1.5% from March 1. This surge in whale accumulation is a promising leading indicator for the asset’s price.