Ethereum whales are buying the most ETH since 2018
Ethereum’s drivers are now different, but the ETH price is consolidating in a multimonth range, echoing its 2017 chart pattern, which resulted in a 1,000% rally.
Key takeaways:
Ethereum whales accumulated over 818,000 ETH ($2.5B) on June 15, their biggest daily inflow since 2018.
ETH price is consolidating inside a multimonth range, mirroring its 2017 breakout pattern.