Whale Dem Don Add 7,171 ETH, Total Holding Na 54,125
One anonymous whale done continue di on-chain whale accumulation by buy 7,171 ETH today, e carry e total Ethereum holding go 54,125 ETH. Dis na follow after one earlier whale accumulation of 1,600.7 ETH after price drop, e show big ETH accumulation during market wahala. On-chain data dey show say circulating supply dey go down steady as big whale move dey usually come before price rally and e tighten market liquidity. Traders suppose dey observe short-term wahala wey dey come from whale rebalances, key support for $2,600 and resistance side $2,800. Ongoing whale accumulation dey show strong bullish foundation for Ethereum recovery possibility.
Bullish
Di repeated whale accumulation dey signal say confidence for Ethereum dey grow, e dey reduce supply and e dey often trigger price rallies. For short term, traders fit face increased volatility as big holders dey rebalance, but key support and resistance levels dey show say e get manageable swings. For long term, this whale sustained ETH accumulation dey underline bullish outlook by reinforcing demand and strengthening fundamentals. Historical patterns dey show say significant whale buys dey usually come before upward price movements, indicating bullish impact on Ethereum market.