Crypto whales are making subtle yet remarkable moves in the Ethereum (ETH) and Optimism (OP) markets, while capital accumulation in most major cryptocurrencies remains stagnant or even negative. Monitoring the behavior of these large wallets is crucial as their actions often precede major market changes. Recent behaviors usually indicate early institutional investor confidence and could signal a potential uptrend resurgence. Reports show a calm accumulation phase among wallets holding between 1,000 to 10,000 ETH amid a broad market correction. If Ethereum can reclaim $1,748, a rise to the $1,938 range is possible, with a strong rally potentially touching the psychological $2,000 level again. Additionally, the number of wallets holding 10,000 to 1 million OP tokens increased from 4,138 addresses on April 4 to 4,151 on April 6. This growth indicates large investors are buying even in unstable market conditions. With recent whale accumulation, the price of Optimism may retrace towards the $0.65 resistance. Breaking this resistance could pave the way to $0.77, and with continued market improvement, this digital currency might even test the $0.84 level again. Visit the real-time digital currency price page to monitor all tokens and cryptocurrencies live.
Discover how whales are influencing the Ethereum and Optimism markets amidst the crypto fall. Learn about potential price movements and market insights.