<ul data-eligibleForWebStory="true"><li>Ethereum whales are accumulating ETH at levels similar to 2020, indicating rising long-term confidence.</li><li>Exchange ETH supply has decreased, suggesting a potential bullish supply shock.</li><li>Smart money is optimistic about Ethereum as fundamentals strengthen and Layer-2 usage grows.</li><li>Data shows a surge in inflows to Ethereum accumulator addresses, with most ETH being stored, not traded, hinting at a possible upcoming supply shock.</li></ul>

Ethereum Whale Activity Surges as Accumulation Hits 2020 Levels

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