Ethereum Whale Deposits Significant Funds, Hints at Potential Market Breakout

A dormant Ethereum whale has resurfaced by transferring a substantial amount of ETH to the exchange Kraken. This move coincides with bullish signals in the price of Ethereum, leading analysts to anticipate a potential breakout towards the $3,000 mark. The whale’s activity suggests a possible intention to sell some holdings, which could increase short-term market supply pressure.