Ethereum (ETH) is experiencing renewed interest from deep-pocketed investors. Lookonchain data reveals that three whale addresses have collectively purchased 37,068 ETH, valued at approximately $113.78 million, within a mere six-hour window. These acquisitions were made through prominent exchanges FalconX and Kraken. This recent buying spree is part of a larger trend. Over the past 12 days, these same whale addresses have accumulated a staggering 174,453 ETH, totaling around $466 million. This significant accumulation suggests strong confidence in Ethereum's future prospects. Currently, ETH is trading at $3,133.21, marking a 5.22% increase over the last 24 hours, according to CoinMarketCap. The whale activity could be a contributing factor to this price surge, indicating potential for further upward momentum in the near term. The market will be watching closely to see if this bullish trend continues. ```

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