Ethereum whales are buying most ETH since 2018

Ethereum’s drivers are now different, but the ETH price is consolidating in a multimonth range, echoing its 2017 chart pattern, which resulted in a 1,000% rally.

Key takeaways:

Ethereum whales accumulated over 818,000 ETH ($2.5 billion) on Sunday, their biggest daily inflow since 2018.

ETH price is consolidating inside a multimonth range, mirroring its 2017 breakout pattern.

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