Whales Gobble Up Ethereum (ETH) as Price Surges Toward Record Highs

Crypto whales are making waves as Ethereum flirts with its all-time high—because nothing says 'smart money' like chasing momentum at the top.

Why now? The big players smell blood in the water—or at least FOMO. With ETH inching toward its previous peak, institutional wallets are lighting up like a DeFi yield farm during bull season.

The whale watch is on. On-chain data shows massive ETH accumulations from addresses holding 10,000+ coins—the kind of moves that make retail traders feel like minnows in a shark tank.

Will history repeat? The last time ETH neared these levels, the market got greedy… then got rekt. But hey, this time is different—just ask every trader who's ever blown up an account.

Analysts See Ether’s Price Climbing

In April, ETH had fallen by 60% from its January high, dropping below $1,500. But in the past month alone, it has jumped 53% and is now trading around $4,640. 

Given the current market sentiment, many analysts think ETH could break past its old record soon. One trader said ETH is close to breaking out of a four-year price range, while another boldly predicted it could reach $10,000.

Also Read: Ethereum Nears $4,811 as ETF Inflows Surge and Inflation Cools