Ethereum price prediction as whales scoop 800k ETH in a week

Ethereum ( ETH ) whales are on a buying spree, signaling renewed confidence in the asset amid ongoing short-term bullish sentiment. Specifically, this class of investors has accumulated about 800,000 ETH in the past ￰0￱ holding between 10,000 and 100,000 ETH have steadily increased their positions over the period, according to data shared by Santiment on October ￰1￱ whale transaction.) of $4,330.50 and 200-day SMA of $3,093.22, reinforcing a solid bullish trend. Meanwhile, the 14-day Relative Strength Index (RSI) stands at 55.78, firmly in neutral territory, indicating balanced momentum with room for further gains if buying pressure ￰2￱ image via Shutterstock