Ethereum experiences mixed signals as the accumulation by large holders, known as whales, slows down significantly. Despite this cautious behavior from whales, the Ethereum network's growth has reached a four-month high. This growth points to increased activity and adoption, suggesting that smaller investors and users are driving this positive trend.
Although the whales' slowing rate of accumulation may be concerning, the rise in network participation demonstrates the blockchain's expanding user base. This could potentially offset the reduction in whale buy-ins.
