Unknown Whales Abruptly Accumulate $4,167,000,000 in Ethereum via Exchanges: Report
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Unknown entities have accumulated $4.167 billion in Ethereum (ETH) via exchanges, contributing to its recent price increase. Analyst EmberCN reports that this buying spree occurred over a month across platforms like Kraken, Binance, and Coinbase. Crypto analyst Benjamin Cowen anticipates Ethereum could reach a new all-time high by December, while Fundstrat's Tom Lee predicts a year-end price between $7,000 and $15,000. Currently, Ethereum is trading at $4,260, reflecting a 6.4% rise in the last 24 hours.
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