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.
His bold statement is bolstered by the fact that such buying pressure from these investors often precedes rallies in price. It is worth noting that when whales gather this much, they are planning for the next big step up in price rather than placing bets on short-term moves.