🚀 Ethereum breaks record and reaches $4,946! 🔥
🐋 A mega Bitcoin whale rotated over $2 billion in BTC to ETH, causing massive sell-offs and extreme volatility ⚡️💥
💬 The initial rally was driven by optimistic comments from Jerome Powell, chairman of the Federal Reserve, about possible rate cuts in September 📉➡️📈
🏦 Despite the pullback, institutional demand remains strong with constant inflows into Ethereum ETFs, while Bitcoin loses momentum 📊📉
📈 Analysts confirm that ETH's bullish structure remains intact, holding key support at $4,000 and outperforming Bitcoin by +26% in recent weeks 💪📊
Why does it matter?
Whale participation and institutional accumulation reflect the clash between market maturation and ownership concentration, generating volatility 🌊📉 but showing long-term confidence in Ethereum as a crypto leader 💼🌐
