Ethereum (ETH) is riding on a huge bullish wave, smashing all the highly anticipated price levels. ETH just smashed past $3,400 mark, looking to get over $3,500 now, and whales can’t keep calm. The largest altcoin price has jumped by 23% over the last 7 days.
The ongoing Ethereum price surge has grabbed the attention from Bitcoin’s ATH rally and triggered sentiments of altcoin season in the market. Bitcoin price dropped to below the $118K level after hitting a fresh ATH of above $123K. The global digital assets Trump buys, hacker sells
According to the data shared by Lookonchain, Donald Trump’s World Liberty Financial (WLF) splashed $10 million USDC to buy 3,007 ETH at an average of $3,326. The fund has been hoarding ETH since November, now sitting on 70,505 ETH worth $230 million, with a neat $7 million in paper gains. It added that from November 29, 2024, to March 5, 2025, WLF has accumulated 66,275 Ethereum (approx. worth $215 million) at an average price of $3,243.
They’re not alone as SharpLink Gaming also jumped in. In just 5 hours, they vacuumed up 20,279 ETH (approx. worth $68.38 million). This move brings their 8-day binge to 111,609 ETH (worth $343 million). However, a mysterious whale 0x35fb resurfaced and scooped 7,980 ETH from Kraken. This whale has been busy buying 88,292 ETH in the last week alone. That’s nearly $300 million drifting off exchanges. This suggests that someone’s getting ready for something big or knows something we don’t.market cap surged by 1.5% over the last day to stand at $3.81 trillion.