Ethereum (ETH) mega whales, defined as entities holding over 10,000 ETH, have significantly increased their holdings, signaling potential confidence in the cryptocurrency's future. According to a recent Cointelegraph report, these large holders now control 41.06 million ETH. This marks a substantial recovery from a low of 37.56 million ETH observed in October 2024. The 9.31% surge in ETH holdings among mega whales represents a sharper increase than seen before the 2022 market rally. This suggests a strong accumulation trend and potentially bullish sentiment among the largest ETH holders. While past performance is not indicative of future results, the renewed accumulation by Ethereum whales is a development worth monitoring closely. Their investment decisions often provide insights into market trends and overall sentiment towards the cryptocurrency. Could this be a precursor to another significant price increase for ETH? Only time will tell. ```

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