The article discusses the emergence of new whales in the Ethereum market as the price of Ethereum continues to rise. It mentions that Whale Alert, a crypto tracker, has noticed significant amounts of ETH being withdrawn from exchanges and transferred to anonymous wallets. One whale was reported to have bought and withdrawn 8,310 ETH worth $15.09 million from Coinbase. Another whale transferred a total of 30,709 ETH from Binance. The article also notes that the rise in Ethereum’s price is driven by the hype surrounding the potential approval of a Bitcoin spot ETF by the SEC. The opinions expressed in the article are stated to be the writer’s own and do not represent the views of the publication.
AI Sentiment: Positive