Ethereum, the popular cryptocurrency, is seeing a surge in accumulation by large investors known as whales. This increase in whale activity has sparked hope among investors that the price of Ethereum could surpass $3,500 in the near future.
Whales are investors who hold large amounts of a particular cryptocurrency, and their actions in the market can have a significant impact on prices. The recent accumulation of Ethereum by whales suggests that these large investors are bullish on the future potential of the cryptocurrency.
This surge in whale accumulation has led many investors to believe that Ethereum could soon see a price surge above $3,500. If this were to happen, it would be a significant milestone for the cryptocurrency and could attract even more investors to the market.
Overall, the increase in whale accumulation of Ethereum is a positive sign for the cryptocurrency’s future price potential. Investors will be keeping a close eye on the market to see if Ethereum can indeed surpass the $3,500 mark in the coming days or weeks.