<ul><li>Ethereum's exchange supply has hit its lowest level since August 2024, indicating strong buy pressure in the market.</li><li>Whales have added over 670,000 ETH to their holdings in the past nine days, while smaller holders have been reducing their positions.</li><li>ETH is currently consolidating near the critical $2,500 level, with potential for a rally towards $3,250 if it breaks above $2,850.</li><li>Technical indicators suggest a further upward movement for Ethereum, with immediate resistance levels at $2,620 and $2,650.</li></ul>

Ethereum (ETH) Price: Whale Accumulation Drives 2% Gain as $2,500 Level Recaptured

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