Ethereum Whales Fuel Buying Amidst Market Pullback

Ethereum whales are demonstrating their persistent bullish conviction by accumulating large positions despite the recent market downturn. Analysis reveals increased leverage and long ETH exposure from prominent players, such as Machi Big Brother, BitMine Immersion Technologies, and 66kETHBorrow. This activity coincides with a pullback in Ethereum prices, sparking debate on whether current price levels represent significant support.