Ethereum Whales Buying Up Large Amounts as Price Rises

Recent market data reveals a surge in buying activity from large Ethereum holders, known as whales. As the price of ETH settled at $4,300, these investors have been accumulating substantial quantities of the digital currency. Within just 24 hours, approximately 260,000 ETH were acquired, signifying potential upward movement in the price. Market analysts predict that if Ethereum prices maintain this level, a target of $7,000 could be reached.