CryptoQuant analyst Shayan Markets indicates a potential re-entry of institutional investors into the Ethereum market, focusing on low-volatility accumulation zones. Recent data shows a surge in whale activity as Ethereum's price dipped to $3,200, suggesting large market participants are re-establishing positions. This pattern, often seen at local bottoms, may signal the start of an accumulation phase.
Historically, such whale accumulation precedes a shift to retail selling, marking a consolidation phase before a trend reversal or significant price surge. If the $3,000 to $3,400 range holds as structural support, Ethereum could enter a low-volatility phase, potentially setting the stage for a bull run towards $4,500 to $4,800.
CryptoQuant Signals Institutional Interest in Ethereum Accumulation
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