$ETH #EthereumTurns10
# 🐋 Whale Alert: Ethereum Edition!
Major players have spent over $400 million on Ethereum during the dip, with one wallet buying $300 million through Galaxy Digital and SharpLink adding 30,755 Ethereum ($108.57 million).
## What's Happening?
1. **Strategic Accumulation**: These are not panic buys - they are calculated long-term positions.
2. **Price Recovery**: Ethereum has risen from its low of $3,300 to around $3,485 currently.
3. **Increased Network Activity**: 931,000 active addresses in one day (a two-year high!)
## Why This Matters 🔍
* Institutional confidence remains strong despite market correction.
* On-chain metrics show increasing user participation.
* Some experts forecast potential long-term valuations reaching $60,000.
Looking at the 4-hour chart, Ethereum has been steadily rising from $3,380 to nearly $3,500, supporting this positive sentiment.
😎👍❤