Is Ethereum price ready for a surge? Explore the potential return of Ethereum whales and the market outlook. Stay updated on digital currency prices in real-time.
Recently, the price of Ethereum (ETH) dropped below $1500 for the first time since March 2023, leading to increased selling pressure and many traders exiting the market. Data indicates that large Ethereum holders, known as whales, are showing bullish sentiment. Some analysts predict a potential rise in Ethereum price above $2000. Despite $1290 being a possible final support level for whales, derivatives market data and analyses strengthen the possibility of a strong comeback.
