The key point first: A wallet linked to Erik Voorhees spent $97 million over 4 days to buy 48,647 ETH
$ETH 1904.96, 24h -2.88%, 24h trading volume: 538 million.
In the long run, this is a positive; whether prices rise in the near term still depends on buying pressure. If volume doesn't pick up, even the most exciting news is just talk. Share your thoughts in the comments.