Whales began to show massive interest in ETH along with retail investors. Whales move inAs per Lookonchain’s data, a significant whale persisted in purchasing ETH and entering long positions in the ETH/BTC trading pair. It wasn’t just whales that were showing interest in ETH, retail investors’ demand for Ethereum was also observed to be growing. The interest showcased in ETH from both whales and retail investors suggested that sentiment across all sectors of the crypto market is relatively bullish around ETH. Read Ethereum’s [ETH] Price Prediction 2024-25It can be safe to assume that these holders might wait for prices to appreciate further before indulging in profit taking.

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