Whales purchased 240,000 ETH during the price drop, spending $840 million, showing strong faith in the future of Ethereum.
Ethereum-based applications generate revenues similar to public companies, highlighting their transition to mainstream use.
Ethereum price is stable at around $3,650 with key support at $3,450 and potential for growth if it breaks above $3,660.
Ethereum (ETH) is showing strength in a volatile crypto market, says cryptanalyst Ali. Large investors, known as whales, recently purchased over 240,000 ETH during the price drop. This major purchase, valued at approximately $840 million, demonstrates strong confidence in the long-term
