Price Prediction
Ethereum Whales Buy Like 'Crazy': Price Rally Incoming?
Ethereum (ETH) experienced a significant decline of over 16% in October, primarily due to market weakness, ETF outflows, and a major hack on Binance. Despite heavy selling from Ethereum Foundation-linked wallets, large investors have begun accumulating ETH. One whale purchased over $63 million worth, indicating potential bullish sentiment. Analysts suggest that if ETH breaks above the $4,000 mark, it could trigger a major price rally, with targets set between $13,000 and $15,000 for this cycle.