Whale accumulation is happening in Ethereum, with large holders increasing their ETH positions despite the recent price drop. This suggests that institutional players see current prices as attractive entry points. However, mid-sized holders are capitulating, reducing their positions significantly, indicating a divergence in market sentiment $ETH

Ethereum's price is currently around $2,051, with a market cap of $251 billion. Analysts predict a potential recovery, but caution that the path is uncertain due to heavy overhead resistance and macroeconomic headwinds $ETH