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Dormant Whale Activity Signals Ethereum Shake-Up – Will ETF Momentum Push ETH to New Highs?

The crypto market has been in a steady decline following the recent macroeconomic situation worldwide, but prominent analysts predict that ETH will nearly double following Donald Trump’s inauguration on January 20th. Des...

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Dormant Whale Activity Signals Ethereum Shake-Up – Will ETF Momentum Push ETH to New Highs?

The crypto market has been in a steady decline following the recent macroeconomic situation worldwide, but prominent analysts predict that ETH will nearly double following Donald Trump’s inauguration on January 20th.

Despite losses, and certain whales selling over 10,000 ETH at a loss, long-term positions point toward a strong likelihood of a rebound to $3,800 in the next few days followed by new ATH before the end of the month. For now, whales are pouring huge amounts of ETH into upcoming altcoins such as Wall Street Pepe and Solaxy, so let’s see how the situation is developing in more detail.

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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