Ethereum Whales Scoop Up Millions in ETH Amid Speculation of Price Surge
• Ethereum whales are acquiring large amounts of ETH, with one whale spending $48 million on 21,192 ETH • Whales are using loans from DeFi protocols to finance purchases, signaling bullish sentiment • Top 150 largest Ethereum self-custody wallets hold over 56 million ETH, an all-time high • Analysts speculate recent whale accumulation could precede an ETH price surge • Despite lagging top cryptos in 2021, analysts remain positive on ETH, with VanEck predicting $50k+ by 2030