💥 The stability of Ethereum is supported by whales and optimism about staking.
Large wallets (from 1,000 to 100,000 ETH) have accumulated 1.49 million ETH over the month, bringing their share to 27% of the total supply.
❗️ Retail investors are taking profits, while institutional players are strengthening long-term positions.
Despite a $2.1 million outflow from Ethereum-ETFs, a strong support level at $2500 remains due to the activity of whales.
🚀 Institutions are betting on future staking-based ETFs, and forecasts indicate ETH could rise to $4000 and potentially over $10000.