In line with the crypto market, Ethereum prices briefly crashed below $2,500 on Friday due to escalating geopolitical tensions between Israel and Iran. The prominent altcoin currently trades around $2,567 following a slight recovery but remains some distance off the week’s high of $2,871. Amidst all these recent developments, prominent blockchain analytics company Santiment has shared a positive report hinting at a bullish ETH future. ETH Whale Holdings Grow By 3.72% In 30 Days In an X post on June 14, Santiment provides valuable insights into Ethereum whales’ behaviors. The credible analytics firm reports that all 6,392 of such investors holding between 1,000 and 100,000 ETH have significantly increased their holdings over the past month compared to retail investors. Related Reading: This Analyst Predicted The Dogecoin Price Crash – Here’s The Rest Of The Forecast In adding data to this claim, Santiment further shares that ETH whales have acquired 1.49 million ETH, worth $38.26 million, in the past 30 days, boosting their total holdings by a significant 3.72%. Generally, whale accumulations are bullish signals that indicate an asset’s strong potential for long-term price appreciation. Therefore, ETH’s recent whale a ..
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