Ethereum Breaks Through $3000 As Whales Increase Accumulation

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Ethereum, the second-largest cryptocurrency by market capitalization, surged close to the $3000 mark in the last 24 hours, peaking at $2983. On-chain reports reveal a trend of significant accumulation among Ethereum whales, indicating growing interest and confidence in the digital asset. According to on-chain data, Galaxy Digital, a prominent player in the cryptocurrency space, withdrew 26,000 ETH valued at $76.2 million from Coinbase Prime and Binance within the past 12 hours. Another whale engaged in strategic trading maneuvers, borrowing 130 WBTC worth $6.73 million from Aave and exchanging it for 2,323 ETH.  On-chain data shows that #GalaxyDigital withdrew 26K $ETH($76.2M)

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