After a period of struggle, Ethereum has finally broken the $4,000 barrier thanks to increased accumulation from retail investors. The altcoin reached a local high of $4,100 and is currently trading around $3,950. The surge in price came alongside over $1 billion worth of ETH being accumulated by investors in the past week. However, there has been a decline in whale activity, potentially indicating a selloff and triggering a short-term correction. Ethereum's decentralized finance sector has also seen strong growth, with the total value locked reaching $77 billion. The future for Ethereum remains uncertain, with factors such as investor sentiment and macroeconomic changes playing a role in its direction.



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