Whale activity on ETH has significantly increased

Interest in the Ethereum futures market at the Chicago Mercantile Exchange (CME) has reached unprecedented heights — over 1 million ETH.

According to Kaiko, Ethereum may become the main star of the altseason in December. After reaching a yearly high, it slightly corrected and is now trying to overcome resistance at the $4,000 level.

IntoTheBlock notes a surge in whale activity: the volume of trades amounting to $100,000 per week has increased by 300% and reached $17.15 billion.

The Ethereum ecosystem continues to grow. The volume of locked tokens in DeFi projects based on ETH has approached $190 billion.

Call contracts with strike prices from $4,000 to $4,200, expiring on December 27, dominate the options market (data from Paradigm).