Bitcoin Whale shift $34.8M BTC to ETH dey fuel Ethereum all-time highs rally
Ethereum price dey push reach new all-time highs as one big Bitcoin whale convert 300 BTC (~$34.8 M) to ETH positions. Whale accumulation dey support the case for fresh Ethereum all-time highs. On-chain data from Lookonchain show say dis investor get 135,265 ETH in long contracts and 122,226 ETH on spot, with unrealized gains pass $100 M. Heavy trading between $4,200 and $4,400 don set strong support zone. Analysts like Lennaert Snyder identify buy zones at $4,300 and $4,640. Resistance at $4,880 must return for breakout confirmation. Whale accumulation and trade volume spikes signal strong bullish momentum. Traders suppose monitor liquidity bands and follow-through buying above $4,880 for short-term crypto trading strategies.
Bullish
Di big big conversion of 300 BTC to ETH dey increase on-chain position concentrations and unrealized profits, e dey mirror past whale-driven rallies wey happun before big price breakouts. Heavy volume between $4,200 and $4,400 don cement demand zone, while targeted buy zones for $4,300 and $4,640 show say institution get interest. If dem reclaim $4,880 e go mean say bullish breakout don happen, fit trigger short-term momentum and strengthen long-term confidence for Ethereum price movement. Traders wey dey observe similar pattern don historically benefit from follow-through buying after whale accumulation, wey support bullish outlook.