Ethereum Whale Accumulation Grows as ETH Price Targets $2,400 Breakout

Ethereum is attracting renewed whale interest after a major investor known as 7 Siblings spent approximately $22 million to accumulate 10,792 ETH at an average price of $2,038. The purchase comes after the ETH price swept liquidity around $2,000, according to crypto analyst Niels. Attention is now shifting toward higher liquidity zones, where short positions are concentrated around $2,100, $2,200, and $2,400. Traders are watching whether renewed buying momentum could trigger a short squeeze in the coming weeks. According to Lookonchain, the whale known as 7 Siblings has returned to the Ethereum market with another significant purchase. The investor reportedly spent $22 million to acquire 10,792 ETH at an average price of $2,038.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TronWeekly.