#Whale.Alert $ETH

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Lookonchain monitoring, since July 1, 23 whales and institutions have accumulated purchases of 681,000 ETH, worth approximately $2.57 billion. These big players are obviously accumulating at low levels.

Wow, this operation is so smart, just in time for ETH to break $3,800. Combined with QCP Capital's perspective, signs of an altcoin season are evident, as institutional funds shift from BTC to ETH, and the market share changes confirm this.

Personally, I think this is a bull market signal, but don't overlook the risks. For example, the case of AguilaTrades has a floating loss of $27 million from leveraged trading, which can lead to self-destruction. I recommend that small retail investors set stop-loss orders when following the trend, as ETH ETFs continue to flow in or push up to the resistance level of $3,987.