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Ethereum Accumulation Accelerates – Smart Money Snaps Up 450K ETH

  • Ethereum is consolidating above $2,400 after a recent rally, with $2,400 being a critical support level for further bullish momentum.
  • Smart money is rapidly accumulating Ethereum, indicating growing confidence among institutional players and long-term investors.
  • A breakout above $2,800 is crucial for Ethereum to ignite a broader rally and potentially signal the start of a new altseason.
  • The current price action shows Ethereum trading around $2,493, with key support levels at $2,400 and potential resistance at $2,700 for further upside momentum.

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