Smart money is accumulating Ethereum even as traders warn of a drop to $2.4K
Cointelegraph
Published Apr 30, 2022 01:00PM ET
Updated Apr 30, 2022 02:40PM ET
The upcoming Ethereum merge is one of the most widely discussed topics in the crypto sector and analysts have a wide range of perspectives on how the transition to proof of stake could impact Ether's price.
A deeper dive into the ongoing accumulation of Ether by whale wallets was provided by cryptocurrency intelligence firm Jarvis Labs, which posted the following chart looking at the percentage change in whale wallet holdings versus ET price.
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Written By: Cointelegraph
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