<ul data-eligibleForWebStory="false"><li>Glassnode data shows that 'mega whales' have significantly increased their total ETH holdings to over 41.06 million ETH as of Monday.</li><li>The accumulation speed for Ethereum wallets with 10,000 Ether or more is higher than before the 95% surge in mid-2022, potentially signaling a significant rally.</li><li>Historical patterns suggest that large holders accumulating ETH ahead of the market could lead to a substantial upward movement in price, especially considering the stagnant market conditions.</li><li>The daily chart for Ether indicates trading within a bull pennant pattern, with a potential breakout expected in the direction of the prior trend, possibly supporting a rally scenario.</li></ul>

Ethereum Whales Massive Accumulation Signals Potential Rally

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