Ethereum Whales Reshape Market with 11.4% Surge

Mega Accumulation of Ethereum by Whales Signals Bullish Trend

There is a notable trend of mega accumulation of Ethereum (ETH) by whales within the crypto ecosystem. The analytics platform Lookonchain has reported that a whale with the wallet address “0xAA15” recently withdrew a significant amount of ETH from Binance. This whale has been accumulating Ethereum since September 2023, with a total purchase of 50,733 ETH worth $99.2 million at an average price of $1,955.