Whales Influence Ethereum Price Surge to $3,600: Will $4,100 Be the Next Target?
Major Ethereum balance holdings have seen a significant increase recently, with a surge of $37.32 billion in just a week. This brings the total balance holdings to an impressive $479.99 billion.
On the 4-hour chart, there has been a golden crossover, signaling a potentially bullish trend for Ethereum. Additionally, the RSI indicator is also showing positive momentum for the cryptocurrency.
This sudden increase in balance holdings and the positive technical indicators have sparked optimism among investors and traders in the Ethereum market. It will be interesting to see how this trend continues to develop in the coming days and weeks.
