Ethereum Whale Accumulation Fuels Price Surge to New All-Time High

Recent activity by Ethereum whales has pushed the price of ETH above $2,800, signaling a potential breakout. These large investors are accumulating significant amounts of ETH in private wallets, driving up demand and increasing market sentiment. Galaxy Digital’s recent OTC transaction involving 108,278 ETH worth $283 million, along with a withdrawal of 89,000 ETH from exchanges, highlights their commitment to long-term holdings.