ETH may reclaim $2.2K macro range amid growing whale accumulation
Ether whale accumulation has surged since early March, indicating large holders expect an ETH rally shortly. For Ether to reverse its current downtrend, it needs to reclaim the macro range above $2,200. Currently, Ether's price is down over 51% from its peak of over $4,100 in December 2024. Analysts predict that if Ether can generate significant momentum above this threshold, it may target values between $2,196 and $3,900. In recent weeks, the number of Ethereum addresses holding at least $100,000 in ETH has risen, suggesting increasing interest among larger investors, despite a general downturn in the market. Overall, the outlook for the rest of 2025 remains cautiously optimistic, with many looking for a potential recovery amid ongoing regulatory developments.
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