
260,000 ETH Snapped Up by Whales in 24H: Is a Rally Brewing?
TL;DR Ethereum whales added 260,000 ETH in one day, raising holdings to nearly 29.6 million coins. Exchange outflows peaked at 2.8 million ETH mid-August, matching Ethereum’s surge from $3,600 to $4,800. Merlijn sees the expansion phase confirmed, with multi-year resistance flipped to support and $7,000+ target projected. Whale Accumulation Surges Ethereum whale wallets holding between…