Ethereum (ETH) has experienced a surge in whale activities, with the daily count reaching a historic high. This surge coincides with bullish momentum in Ethereum's price. Large transactions, referring to those above $100,000, have surpassed 10,000 per day, the highest level since August. These transactions could indicate increased whale activity, influencing the price of Ethereum. A sell-off by these whales could cause the price to drop, while consistent accumulation may lead to bullish outcomes. Ethereum recently broke the $3,000 barrier and is trading at $3,211, up 1.7% in the last 24 hours. Spot ETH Exchange-Traded Funds (ETFs) are also experiencing improving inflows, with Fidelity's ETF leading the way. Analysts believe Ethereum could reach $3,500 soon if the current sentiment continues.



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