#ETHRally Current situation of Ethereum: ETH nearing $4,700, just shy of breaking its all-time high of $4,891. It's been four years since we've seen these numbers, and the most interesting part is who is behind this movement. It's not small investors like us, but the big players: institutions, funds, and even governments accumulating ETH as if there were no tomorrow (3.5 million ETH in their hands already).

This reminds me of when in 2021 everyone said that ETH would never return to those prices, and look at it now. Of course, it hasn't been an easy path - the fees remain a headache and the competition isn't standing still. But with upcoming updates on the way and the possibility of an ETH ETF on the horizon, it seems that the big players made strong bets and got it right.

When the big whales 🐋 get this hungry, they know something that we don't. Those who have patience (and a stomach for volatility) could be in for a nice surprise in the coming months.

That said, as always in crypto: one should never be overconfident.