Whale Buying Activity Fuels Ethereum Price Surge, Potential New ATH in Sight

A recent surge in whale activity has bolstered Ethereum’s (ETH) price, with significant institutional buying driving the market higher. Data reveals whales amassed over 79,000 ETH worth $350 million across multiple wallets in a coordinated move. This comes despite slowed ETF inflows and ongoing outflows from centralized exchanges, suggesting a shift toward long-term holding strategies by these investors. }