Ethereum Whales Shift Power as Shark Activity Fuels Price Surge

Ethereum is experiencing a significant market shift, with whales relinquishing their dominance to a new wave of “shark” investors. Recent data reveals $457 million in ETH was accumulated by these mid-sized investors this week, fueling the price surge towards the $5,000 resistance level. 10,000-100,000 ETH wallets are now driving the market, with institutional involvement and a growing shark presence potentially indicating a sustained rally for Ethereum.