Ethereum Whales Pile On Despite Price Dip

Despite a recent dip in Ethereum’s (ETH) price, large investors known as whales have continued accumulating the cryptocurrency. Over $1.7 billion worth of ETH was bought by these entities in the past few days, and their holdings now account for almost 25% of the circulating supply. This significant accumulation signals confidence among these influential market participants, potentially paving the way for a price surge.