<ul><li>Ethereum's MVRV indicator has turned bullish after a period of bearish trend, indicating increased realized gains for investors who bought ETH at lower prices.</li><li>Large ETH investors have been accumulating the altcoin, with whale investors holding between 10,000 and 100,000 ETH accumulating over 450,000 ETH in the past month.</li><li>Nearly 1 million ETH has been withdrawn from crypto exchanges in the past month, signaling reduced selling pressure and growing confidence in the altcoin.</li><li>An expert highlighted that as long as Ethereum holds above $2,200, it could rally to $3,100 next, potentially extending to $4,000 with increasing bullish momentum.</li></ul>

Ethereum’s MVRV Indicator Flips Into Bullish Territory – Is A Rally On The Horizon?

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