Ethereum Breaks New Ground: Whales Stake Millions, Eyes $4,500 Barrier

Ethereum’s price is poised for a breakout above the crucial $4,500 mark as institutional players and whales contribute to increased staking activity. A significant transfer of 60,000 ETH (roughly $261 million) has signaled growing market confidence in the asset. This move comes amidst positive signs from the DeFi space and growing interest from prominent investors like Jack Ma.