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Ethereum whales scoop up 260K ETH, fueling $5K recovery hopes

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 99 Views

Whale inflows into Ethereum are getting bigger as investors take profits from Bitcoin and rotate capital into Ether, raising hopes of new all-time highs soon.

Key takeaways:

Ethereum whales bought 260,000 ETH in the last 24 hours, signaling accumulation.

Whales, BitMine and ETFs add billions of dollars in ETH, reinforcing bullish demand.

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