Ethereum (ETH) price has once again surpassed the $4000 mark, attracting market attention. According to analysis from IntoTheBlock, approximately 7.2 million ETH were purchased at just below the $4000 price level, indicating strong demand for Ethereum in the market. This demand could serve as an important support factor for Ethereum's price stabilizing above $4000. As market dynamics evolve, investors need to closely monitor on-chain data to better understand the driving forces behind price fluctuations.