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Ethereum may be poised for a new bull run, which could pave the way for additional gains according to the recent spike in activity. Data from whale transactions indicates a discernible increase, indicating heightened activity from significant ETH stakeholders. These whale addresses, which have historically had a big impact on price changes, have helped Ethereum rise to a 14-week high recently.continued rise in the current market cycle.
We might see Ethereum get closer to the psychological $4,000 mark as market sentiment about it continues to improve, which could spark a larger rally in the altcoin market. Investors have cause to be upbeat about Ethereum's short- and long-term prospects due to the network's and transactions' continuous expansion.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.