Whales Scoop 323,523 ETH Amid Price Dip – Is Ethereum Price Correction Setting Up a 10K Wave?

The Ethereum value has come below renewed focus following analysts’ projections of a serious rebound towards $10,000. CrediBull Crypto highlighted that the present decline is a part of a wholesome correction earlier than a stronger third wave rally. In the meantime, latest on-chain knowledge reveals whales have accrued over $1.12 billion price of ETH. This transfer reinforces long-term confidence within the asset. Regardless of short-term draw back stress, market sentiment stays cautiously optimistic as accumulation intensifies round key demand zones.