Ethereum Whale Activity Fuels Bullish Prediction for $3,000 Level

Recent whale transactions involving over 45,000 ETH have sparked bullish sentiment in the Ethereum community. The surge in price, exceeding $4,500, is attributed to growing DeFi activity and increasing institutional investments. A breakout above the $2,700 resistance could push ETH towards $3,000 based on technical analysis. 45,000 ETH worth over $113 million was moved in two separate transactions, raising speculation about Ethereum’s future trajectory.