Whales are starting to accumulate, significant on-chain benefits, is ETH going to reach 3000?
Market sentiment continues to rise, fear and greed index at 71. Since Ethereum broke through 2700, the price has started to pull back, hovering in the 2500-2600 range, and many people are beginning to doubt: Is Ethereum unable to rise anymore? Are altcoins about to crash?
Is this really the case? Clearly not, on-chain data reveals a shocking truth — whales are crazily hoarding ETH, and exchange reserves have plummeted! What does this mean?
Currently, the altcoin season has just begun, with Ethereum-based ETHFi topping the gainers list twice in a row, breaking a short-term high of 1.6 yesterday, and ETH still has enormous room to reach its historical peak! If you try to escape at the top now, you may miss out on a doubling opportunity!
If you are still waiting on the sidelines, you may miss out on a big market move, and blind guessing is no better than collective effort.
