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Two addresses have just made a bold and strategic move spending a combined $100.54 million to accumulate a total of 33,366 ETH at an average price of $3,013 per #Ethereum#
This is not the action of random retail investors chasing a pump this is calculated, high conviction buying from serious players who understand where the market is headed.
Such significant accumulation at this price level sends a clear signal to the market smart money is positioning itself ahead of what could be Ethereum’s next major rally phase.
These kinds of whale activities are rarely speculative gambles they are often backed by deep research, insider market confidence, and a long-term vision for where Ethereum’s value is heading.
This move aligns perfectly with the current narrative surrounding Ethereum’s strengthening fundamentals from increasing Layer 2 adoption rising institutional interest, the growing tokenization of Real-World Assets (RWA) on Ethereum, and the ongoing supply squeeze due to staking.
These buyers are not looking at the next week
they’re looking at the next year, the next cycle, and they are positioning themselves early.
When you see $100+ million flow into Ethereum at current levels it’s not just a trade it’s a conviction.
It’s a statement that ETH under $3,500 is still considered undervalued by those who matter most in this market.
EagleEye’s Outlook
This kind of strong, silent accumulation is often the beginning of something big.
In my view, Ethereum is quietly laying the foundation for a major breakout in the coming months.
A move towards $4,000 to $5,000 looks increasingly likely as confidence grows.
Big money rarely moves without purpose and this looks like the calm before the storm.
#ETH#