Ethereum (ETH) is showing strong bullish signs as it targets $2,800, driven by heightened investor interest and significant whale activity.
On September 19, 2024, Lookonchain, an on-chain analytics firm, reported that an Ethereum whale made a substantial purchase of 2,117.7 ETH, valued at $5.17 million.
This move has contributed to the optimism surrounding Ethereum, potentially setting the stage for a major rally.