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December 2, 2024

Ethereum Whales Spend 188 Million Signaling Major Rally Towards 4000

Recent on-chain data reveals that Ethereum whales have been actively acquiring significant amounts of ETH. In just two days, these large holders snapped up over 51,450 tokens, valued at an astounding 188 million dollars. This surge in whale activity suggests a strong possibility of an upcoming rally. Analysts are closely watching the market and some predict that ETH could push past the crucial resistance levels of 3700 and even aim for the exciting milestone of 4000. As investor interest grows, this whale movement could mark a significant turning point for Ethereum’s future price action.

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