🐋 Dormant whales are waking up and scooping ETH fast! One address just moved 1,200 ETH after 4 years, and whale accumulation is smashing records — all ahead of the major Pectra upgrade, which aims to boost speed, scalability, and validator ops.
📉 Despite ETH trading sideways near $1,800 for two weeks, the number of accumulating addresses is up 22.5% since March. Meanwhile, exchange netflows remain negative, and the stock-to-flow ratio just hit a yearly high — a bullish scarcity signal.
📊 ETH/BTC has dropped to January 2020 lows with RSI oversold, signaling a massive reversal could be brewing — not just for ETH, but for altcoins too.
📈 Technically, ETH broke a descending triangle and now trades in an ascending one. With support at $1,785 holding firm, a breakout to $2,200 could be near if bulls step in.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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