Whale Makes Bold Ethereum Move

On-chain data reveals a major play in the past hour:

A whale (or institution) scooped up 8,637 ETH

Paid 38.017M DAI across three wallets

Average entry: $4,402 per ETH

This sizable buy not only highlights growing institutional activity but also signals renewed confidence in Ethereum at current levels. Moves like this often catch traders’ attention, as whale accumulation can act as a strong market indicator.

Is this a vote of confidence ahead of ETH’s next leg up, or just a strategic long-term allocation? 👀