Whales push Ethereum towards $3K

Co-incidentally this week, whales were active again as their transactions began rising across the board. Hitting a high of $8.8 billion in a single day, this was the most significant spike in their activity since 24 February.

Ethereum is currently trading at a price of $2,924, recording a 13.4% gain after 1 week. Investors’ bullishness only comes from Ethereum’s use cases and the potential it states it has with Proof of Stake (POS).