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Ethereum whales add B in ETH — Is the accumulation trend hinting at a K ETH price?

Ethereum whales add $1B in ETH — Is the accumulation trend hinting at a $5K ETH price?

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Source: Coin Telegraph

Numerous cohorts of Ethereum addresses added over 330,000 ETH in the last two weeks. Is this a sign that a $5,000 ETH price is in the making?

Ethereum’s native token, Ether (ETH), currently ranks as the only cryptocurrency in the top 10 by market capitalization to show a negative return over the past 30 days.

Top 10 crypto assets by market cap. Source: CoinGecko

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Author: Biraajmaan Tamuly