Latest, hurry to see that the number of Ethereum whales has just reached its highest level since September.

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The number of whales holding at least 1,000 ETH has reached its highest level since September, currently at 5,631. This marks a rebound from the recorded 5,565 on November 26, indicating an increase in interest and accumulation among large holders.

The increase in whale activity suggests that the confidence of major investors is continuously strengthening, which is generally seen as a bullish signal for Ethereum's price trend.

Tracking whale activity is crucial because these large holders can significantly influence market trends with their substantial holdings. An increase in whale addresses typically indicates accumulation, which can support price stability or drive upward momentum.

The number of Ethereum whales has set a record high since September, which may indicate that large investors are preparing for a potential price increase, suggesting bullish sentiment in the short term. If this trend continues, the increase in whale interest may lay the foundation for Ethereum's price to remain strong or even rise further.

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