Two giant whales withdrew over 8,000 ETH from the exchange in a single day, totaling 32 million dollars, suspected to be SharpLinkGaming stockpiling.
This operation is too intense; it feels like the big players are buying the dip for ETH again. With ETH just breaking the $3,800 mark, market sentiment is clearly turning bullish.
I personally believe this is related to Trump's push for 401(k) investments in cryptocurrency. Future capital inflow will push up the ETH/BTC ratio. It's advisable to pay close attention to on-chain whale movements to avoid FOMO and missing out on the rebound.
If ETH holds steady at $3,800, the next target will be straight to $4,000. Hold tight, guys.