<ul><li>Ethereum is facing a crucial phase as it struggles to maintain the $2,500 support level amid failed breakout attempts above $2,700.</li><li>Binance has witnessed a surge in Ethereum whale activity, reminiscent of a signal before ETH's rally from $2,200 to $4,000 in late 2023.</li><li>The return of deep-pocketed investors on Binance indicates growing confidence in Ethereum, with analysts suggesting a potential altseason if a breakout occurs.</li><li>Ethereum price is currently hovering around $2,512, caught in a consolidation phase with support at $2,500 and resistance at $2,700–$2,800, awaiting a decisive breakout.</li></ul>

Binance Whales Are Accumulating Ethereum Again – Will History Repeat?

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