<ul data-eligibleForWebStory="false"><li>Ethereum whales have recently increased their holdings, a bullish indicator for ETH price.</li><li>The whales have added 200,000 ETH (worth around $524 million) to their holdings, signaling confidence in the current price.</li><li>There is a strong accumulation zone for Ethereum around $2,500 according to on-chain analytics firm Glassnode.</li><li>At the time of writing, Ethereum is trading around $2,600, reflecting a 3% increase in the last 24 hours.</li></ul>

Ethereum Bullish Signal: Whales Scoop Up 200,000 ETH

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