๐Ethereum Eyes $3,000 as Whales Accumulate & Supply Shrinks ๐๐ฅ
Ethereum (ETH) is turning heads today, jumping +4.95% to $2,626, with analysts predicting a run toward $3,000 โ or even $4,000! ๐
๐Key Drivers:
๐ข Whale Accumulation: Over 330K ETH (โ$1B) scooped up in 2 weeks by smart money.
๐ Exchange Balances Falling: 500K ETH pulled from exchanges since Nov 2024 = less selling pressure.
๐ Bullish Pattern: Falling wedge on 4H chart signals potential 17%+ rally.
๐งโ๐ป Network Growth: New ETH wallets have doubled, showing rising adoption.
๐ปMarket Stats Today:
๐ฐ Price: $2,626.82
๐ High: $2,709.34
๐ Low: $2,502.26
TL;DR: Supply crunch + whale moves = perfect storm for a breakout. Ethereum could be gearing up for a major rally. ๐๐