🚀 **Ethereum Whales Accumulate as Price Surges Above $2,600!** 🚀
- Ethereum (ETH) whales are on the move, accumulating 97,220 ETH worth $254M as the price surged past $2,600.
- Data from IntoTheBlock shows a shift in exchange net flows, indicating short-term profit-taking.
- ETH exchange net inflow hit $8.88M last week, with major profit-taking wiping out $16.6B from the market cap in an hour.
- Despite this, ETH remains above $2,600 with a market cap of $313B and daily trading volume of $22B.
- U.S. spot ETH ETFs underperform, showing a net outflow of $12.7M.
💬 What are your thoughts on ETH's market moves? Comment below! 💬