Ethereum (ETH) exceeded $ 3,400 today, marking the second consecutive day that digital assets surpassed Bitcoin (BTC) in price action. Meanwhile, the decentralized finance project (DEFI) linked to Donald Trump, World Financial Liberty (WFL), continues to accumulate more ETH.
Ethereum crosses $ 3,400, ETH holders rejoice
The momentum seems to move in favor of the second largest cryptocurrency by market capitalization, while ETH climbed more $ 3,400, recording a gain of 4.4% in the last 24 hours. Analysts now predict a strong assessment of prices in the near future.
Ted cryptographic analyst note This ETH has entered its short -term expansion phase and could increase to $ 4,000 before experiencing a significant decline. In addition, they planned ETH could reach $ 4,500 in February, followed by a new summit of all time (ATH) in March, especially if Trump’s WFL continues its purchases of aggressive ETH.
Indeed, Trump’s WFL has accumulated ETH at an impressive pace. Earlier in the day, Ted highlighted That the WFL portfolio had bought $ 10 million ETH dollars. This follows a previous acquisition of 6,041 ETH – worth $ 20 million at market prices in force – reported Earlier this month.
In addition, Joseph Lubin of the Joseph Lubin consensys subject to That the Trump family can take advantage of Ethereum blockchain to launch new commercial enterprises. However, details on the nature and calendar of these companies remain unknown.
Crypto Trader Altcoin Scholar common Their ideas on the momentum of Haussiers de Eth prices. The trader stressed that the ETH is currently negotiating in a large ascending triangle formation on the weekly graphic, and a break higher than the resistance level of $ 4,000 could skyroche ETH in New Aths.
How do Ethereum whales react?
One of the best ways to assess the feeling around a cryptocurrency is to follow the commercial activity of its greatest holders. In this case, monitoring “whales” – investors with important assets – can give an overview of their confidence in the future price potential.
Recent data on the chain points to a huge accumulation by ETH whales. Between January 10 and 17, the major holders gathered Over a billion dollars of eth.
More recently, 13 “mega whales” – each holding more than 10,000 ETH – seal The network, further strengthening growing confidence among institutional and high net investors. At the same time, the network of Ethereum intelligent contracts continuous To see an influx of new users.
However, all ETH whales do not share the same bullish feeling. Recently, a major holder sold More than 10,000 eTHs up to $ 1 million. At the time of the press, ETH is negotiated at $ 3,422, up 4.4% in the last 24 hours.
Star image of Unsplash.com, X charts and tradingView.com
