Ethereum Whale Activity Soars to Six-Year High Amid Price Stability
Ethereum shows stability at the $2,613 support level despite a lack of explosive price activity. On June 15, high-value wallets, holding 1,000 to 10,000 ETH, accumulated over 818,000 ETH in a single day, amounting to approximately $2.5 billion. This marks the largest daily whale inflow since 2018, reflecting strong interest among major investors. As these whales accumulate, it indicates a growing confidence in Ethereum’s long-term viability. Traders should watch for potential volatility as these positions may impact market sentiment.