<ul><li>Crypto whales have moved 1 million Ethereum tokens off centralized exchanges to other custodians following a bullish price recovery.</li><li>On-chain factors like the Market Value to Realized Value turning positive show growing confidence as whales withdraw assets from exchanges.</li><li>Decreased sell pressure and increased DeFi adoption have boosted ETH price by 2% in the past day, with seven-day volumes up by 24%.</li><li>Analysts predict a potential altcoin market surge as Ethereum closes above the 200-day SMA, indicating a significant uptick and potential institutional inflows.</li></ul>

Crypto Whales Offload 1 Million Ether From Exchanges, Bulls Ready To Charge

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