#ETH
Since hitting a yearly low in April, Ethereum whales have significantly increased their holdings. According to analytics platform Santiment, addresses holding between 1,000 and 100,000 ETH have purchased 14% more coins over the past five months.
This aggressive accumulation by major investors, often seen as a bullish signal, has coincided with a dramatic price recovery for Ether. Since its low of $1,472 on April 9th, the price of ETH has surged approximately 197%, bringing its current value to around $4,376.
This activity suggests that large-scale holders, or "whales," have been confidently buying the dip, reinforcing their positions as the market has strengthened.
