Ethereum (ETH) could reach $6,009 as large investors accumulate significant amounts of the cryptocurrency. On-chain data reveals that 15 major wallets have acquired over 406,000 ETH, valued at approximately $1.6 billion, within two days. This accumulation, involving platforms such as Kraken, Galaxy Digital, BitGo, and FalconX, indicates strong institutional interest and suggests a coordinated effort by whale investors. Analysts believe Ethereum is following a pattern of sharp declines followed by robust rallies, supporting the potential price surge.
Ethereum Eyes $6,009 as Whales Accumulate 406,000 ETH
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