Ethereum Whales on the Move!

In the past 24 hours, Ethereum whales have scooped up $588 million worth of ETH, while dormant coin activity has surged — a clear sign of renewed on-chain energy. ETH prices are hovering around $3,950, showing reversal signals, but they’ll need to break key resistance before any real stability can be confirmed.

What’s even more interesting is that selling pressure from long-term holders is easing, and though the RSI indicator looks weak, it hasn’t broken down yet. Add in the recent news that JPMorgan now accepts BTC and ETH as loan collateral, and it’s starting to feel like a warm wind for institutional entry.

And with Trump recently claiming that crypto could help pay off $38 trillion in US debt, the sentiment around the market is heating up fast.

If ETH manages to break above $4,000, it could spark a strong rebound across the entire altcoin market.

Don’t rush in yet — wait for confirmation signals before taking any major position.

#Ethereum #ETH #CryptoNews #Altcoins #Bitcoin #Blockchain #Whales