Ethereum Breaks Records as Whale Activity Boosts Market Momentum

Ethereum has set new records, surpassing $4,880 before retracing. Analysts attribute this surge to growing decentralized finance (DeFi) applications and increased institutional interest, fueled by a significant Bitcoin whale investment activity. 300 BTC worth $34.8 million was recently transferred into Ethereum by a prominent Bitcoin investor, signaling strong bullish sentiment and confidence in the cryptocurrency’s trajectory.