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Ethereum (ETH) Price: Whales Accumulate as $2,800 Resistance Looms

  • Ethereum is currently consolidating between $2,650-$2,750 with key resistance at $2,800 and potential rise to $3,000-$4,000
  • Whales have accumulated 430,000 ETH over three days, indicating strong institutional interest
  • 74% of ETH holders have maintained their positions for over a year, with 62% currently in profit
  • The SEC is reviewing 21Shares' Ethereum spot ETF application which includes staking components

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