Latest update on Ethereum (ETH) ETH has broken above the 4,400 USDT mark, currently trading around 4,408 USDT, registering a 24-hour gain of approximately 5.46%. An earlier report noted ETH surpassed 4,300 USDT, with a 2.99% increase over 24 hours, indicating steady upward momentum.
A significant whale accumulation occurred: over the past eight days, a single whale acquired 312,052 ETH (~$1.34 billion) across ten new wallets—surpassing even the biggest daily inflows into U.S. ETH spot ETFs. This has fueled speculation of upward price pressure, especially as the broader market awaits key U.S. inflation data (CPI, PPI).
Another whale cluster transferred 14,942 unstaked ETH ($64.4 million) to Binance, sparking concerns over potential sell-side pressure or pre-positioning for liquidations.
Corporate interest is strong: 180 Life Sciences (ETHZilla) now holds 82,186 ETH (~$349 million) and plans to leverage them via staking and Ethereum-based initiatives.
Price breakout above 4,400 USDT Strong bullish momentum Whale accumulation Indicates long-term bullish sentiment Whale transfer to Binance Possible near-term volatility or sell positioning Institutional holdings Reinforces Ethereum’s growing appeal as a reserve asset
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