Whale Withdrawal Signals Ethereum Surge: $5,000 Target in Sight?
The post Whale Withdrawal Signals Ethereum Surge: $5,000 Target in Sight? appeared first on Coinpedia Fintech News
A smart whale just withdrew 7,000 $ETH (worth $26.7 million) from Binance, now holding a massive 36,785 $ETH ($140 million). With a profit of around $76 million, this move reflects strong bullish sentiment. Ethereum saw a 25% price jump in May and is poised to surpass $4,000, with sights set on the $5,000 mark. Large withdrawals like this often signal confidence in further gains, reducing selling pressure and hinting at explosive growth.
