🔥Ultimate eruption precursor? Whales are frantically accumulating, will Pectra be the spark that ignites ETH to break 2000?

The Ethereum market is brewing a storm. Although the ETH price is still hovering below 2000 USD, whales have been quietly increasing their holdings, accumulating over 3.5 million ETH in the past two months—as if preparing for an eruption in advance. The upcoming Pectra upgrade might just be the 'final push' catalyst.

Data shows that since March, whale wallets' ETH holdings have increased by over 22%. They are not selling off; instead, they are buying at low prices, betting on a price rebound in the short term. This firm holding belief is seen as a structural bullish signal.

However, the market is not without risks. Although Ethereum is far ahead in terms of locked real assets, the leverage is also rising steadily, indicating that speculative sentiment is heating up, but reserve fluctuations suggest that selling pressure still exists. Once the price breaks through the cost range, it may trigger some profit-taking, leading to liquidity tightness.

Pectra is both an opportunity and a test. If it can ignite market sentiment, ETH may easily stand above the 2000 USD mark; otherwise, whales may have to wait a little longer.

Conclusion? The spark has been ignited, and ETH's eruption may only be one signal away.