Ethereum has experienced a surge in accumulation by whales, with large holders accumulating an additional 140,000 ETH in the past 24 hours. This has sparked speculation among traders and analysts about potential shifts in Ethereum's price movement. The correlation between whale accumulation and price action suggests that Ethereum could soon see a significant breakout, and resistance levels around $2,800 to $3,000 are expected to be tested. The influence of whales is significant, as their decisions often set the tone for smaller traders and retail investors. However, traders should remain cautious as the cryptocurrency market is volatile, and sudden market shifts or external factors could alter Ethereum's price trajectory.



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