Ethereum Whales Accumulate 2.5 Billion Dollars in ETH – Will This Spark a Major Breakout?
Ethereum whales have launched one of the largest accumulation campaigns since 2018. On June 15, wallets holding between 1,000 and 10,000 ETH added a staggering 818,410 ETH, approximately valued at 2.5 billion dollars. According to data from GlassNode, this aggressive accumulation suggests that these large holders see potential in Ethereum’s future. With this significant uptick in holdings, many question whether we will see a breakout in ETH prices soon. Investors should keep a close eye on market movements and be prepared for potential volatility in the coming days.