Whale Alert: 5,678 ETH Snapped Up in Major Hourly Buy

A significant whale just entered a fresh accumulation phase, signaling potential confidence in Ethereum's current levels.

🐋 The Move:

•Amount: 5,678 ETH

•Price: ~$2,985.7 per ETH

•Total:$16.95 Million

•Timeframe: Past Hour

Context & Strategy:

This appears to be the same entity that executed a profitable swing trade earlier this month,netting ~$137k. That pattern suggests a strategic player is re-entering for what they may see as the next leg up.

Why It Matters:

Large,concentrated buying at near $3k can act as a strong support signal. It often precedes periods of reduced selling pressure and can mark local accumulation zones.