<ul><li>Ethereum is approaching the $4,000 level, with multiple indicators suggesting room for further growth.</li><li>The 7-day MVRV ratio has risen to 6.1%, indicating growing unrealized profits among short-term holders.</li><li>Whale addresses holding 1,000+ ETH have reached their highest level since October 6, indicating institutional confidence.</li><li>Catalysts such as institutional inflows, layer 2 solutions, and rising DeFi Total Value Locked support a potential test of the previous all-time high.</li></ul>

Ethereum Eyes $4,000 as Whales Accumulate and MVRV Signals Room for Growth

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