In the last month, large investors and companies accumulated more than 1.035 million ethers for a total of $4.167 billion. Interestingly, large purchases coincided with the growth of the leading altcoin's price from $2600 to more than $4000. According to analyst Ember CN, the accumulation occurred through exchanges and large trading platforms, and buyers paid an average of about $3546 for one ETH. Ember CN suggested that most addresses belong to institutions or public companies in the USA, forming reserves in the altcoin.

Over the past week, Ethereum rose by 25.42%. At the time of writing the article, the leading altcoin was trading at the level of $4243, having added almost 4.7% in a day. However, analyst Michael van de Poppe warned against buying ETH at current levels. He also called this jump 'insane', believing that prices 'have surpassed the maximum'. Poppe suggested that such a situation could lead to 'a significant breakout to historical maximums', but recommended instead to allocate funds within the Ethereum ecosystem.

Buying $ETH at such heights is too risky. I think it's more reasonable to allocate funds within the ETH ecosystem, as it should bring higher profits, - wrote the analyst.#ETH4500Next? #Write2Earrn $ETH