As Ethereum gained upward traction, the $4,500 price mark constantly proved to be a strong resistance zone for the leading altcoin to break, causing it to turn slightly bearish. Even though the altcoin is experiencing temporary bearishness, the dip appears to have ignited the sentiment of key investors, triggering a sharp wave of accumulation in the last few days.
Mega Ethereum Whales Accumulation Frenzy
Ethereum’s upward action in price may have slowed down, but its biggest players or investors are making bold moves once again with their robust accumulation. Presently, there has been a significant uptick in buying pressure among ETH mega whale wallets, as the number of these addresses increases sharply.
The sharp rise in ETH mega whale wallets reported by Niels, a crypto tr