<ul><li>Ethereum's significant exchange outflows and increased whale accumulation contribute to the optimism for a continued uptrend.</li><li>ETH's price surged past $2,700 for the first time since late February, currently around $2,550, showing a 54% increase on a monthly scale.</li><li>Approximately one million ETH was withdrawn from exchanges in the last month, totaling over $2.5 billion, pointing to reduced selling pressure and a bullish sentiment.</li><li>Despite bullish indicators, Ethereum's RSI on the daily scale is at 71, entering overbought territory and suggesting a potential short-term correction.</li></ul>

1,000,000 ETH: Could This Massive Move Ignite Another Price Rally?

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