Ethereum Whales Profit as Supply Crunch Drives Price Surge

Ethereum whales are capitalizing on a tight supply market, selling off holdings and driving prices higher. This surge in price has raised the prospect of further gains but also introduced increased volatility for short-term investors. Market analysis suggests ETH could reach $5,000 after a potential dip to around $3,600-$4,200. Analysts warn that this volatility should be met with caution and patient entry points are key.