Ethereum Soars Beyond $1,400 as Shark Addresses Grow Aggressively

Ethereum\'s price trajectory suggests a strong bullish momentum, with the cryptocurrency breaking past the $3,000 resistance level and maintaining a steep incline. The excitement is palpable as Ethereum has rallied above $1,400 today! After quite some time, the crypto community was ecstatic following the market\'s latest uptrend. While Bitcoin (BTC) managed to hit $18K, altcoins followed suit.

ETH Hits $1.4K: Sharks Accumulate, Fueling the Surge

As the price of Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, surged to touch the $1,400 mark amid a wider cryptocurrency market rally, on-chain data has revealed a significant trend. The Ethereum has rallied above $1,400 today as on-chain data shows ETH sharks have been busy accumulating recently. As per data from the on-chain analytics firm Santiment, the current sentiment is overwhelmingly positive, driven by this accumulation.

3000 New Shark Addresses Appear, Signalling Strong Confidence

The recent price surge is also linked to a notable increase in the number of Ethereum "shark" addresses. ETH Hits $1.4K As 3000 New Shark Address Appear Within 10 Weeks. As the price of Ethereum ETHUSDT, the second-largest cryptocurrency by market capitalization, surged to touch the $1,400 mark amid a wider cryptocurrency market, this rapid growth in shark addresses indicates a strong belief in Ethereum\'s future potential and a willingness to invest at these levels.

This aggressive accumulation by shark addresses, coupled with the overall market rally, paints a promising picture for Ethereum\'s continued upward trajectory. Watch this space for more updates!