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Ethereum (ETH) remains above the $2,000 support level. A crypto analyst notes that increasing whale activity could trigger the next bull run.  Meanwhile, market participants have been tracking Celestia and Meme Moguls, expecting expansions in 2024. Rising whale activity may drive ETH demand Shortly after BlackRock filed for an Ethereum ETF, prices broke the $2,000 resistance line.  Thus far, despite the decline in the broader crypto market, ETH is firm above $2,000, further buoyed by increasing whale accumulation. You might also like: Ethereum turns deflationary as validators exit and defi transactions drop 57% Glassnode reported that for the first time in more than nine months, large wallet addresses have been steadily accumulating the coin.  Accordingly, experts are bullish on ETH, expecting the coin to retest $2,140. Further gains will likely lift ETH towards $2,500.  Celestia bullish  On Oct. 31, Celestia launched the worl...

Shiba Inu whale s have been accumulating SHIB tokens of late. Whale tracking platform WhaleStats recently took Twitter to reveal that “BlueWhale0073,” ranked 254 on its platform, bought billions of tokens via a couple of transactions. Via the first transaction, the said large participant added about 194 billion SHIB tokens worth $2.06 million to its wallet. In another recent transaction, it bought 117.8 billion SHIB worth $1.25 million. This means, that BlueWhale has bought about 311.9 billion tokens in aggregate worth over $3.3 million. ETH whale "BlueWhale0073" just bought 194,114,774,578 $ shib ($2,069,263 USD). Ranked #254 on WhaleStats: https://t.co/RBupemZyZX Transaction: https://t.co/MuxBFmFFUK#SHIB #ShibArmy — WhaleStats (tracking crypto whales) (@WhaleStats) April 20, 2023 Despite the buys, SHIB has not been inclining on its price chart. At the moment, it is in the midst of a downtrend and could drop down to either $0.00001 or $0.0000092 without b...

Over the past 24 hours, Ethereum registered a rally to $1264 after 3 weeks of sideways consolidation. At press time, a minor correction to $1252 was observed. The reason behind this abrupt increase was linked to recent whale activity. Prominent on-chain analytics platform, Santiment pointed out that there was a rise in whale transactions. This occurred just a couple of hours ahead of Ethereum’s price spike. Source The above image illustrates how there were a total of 611 transactions 4 hours before and during ETH’s price movement. It should be noted that all these transactions were worth more than $100K. Santiment further detailed, “As #altcoins have heated up, #Ethereum quietly rebounded back above $1,260 for the 1st time in 3 weeks. Though not quite at the level of the big whale dip buys on December 16th ($ETH’s local price bottom), whales are showing increased interest again.” However, the aforementioned whale activity could have...