Ethereum (The price of ETH) documenting the increasing interest in whales, is huge investors gathering the goods while trying to overcome the long-standing resistance.
On-chain data shows that Ethereum whales bought more than 140,000 ETH worth about $322 million in just 96 hours, according to Saint awareness he shared in crypto currency expert Ali Martinez on May 3.
According to the data, Ethereum’s whale-whale levels have risen steadily in recent days, with ETH rising from 13.83 million coins at the beginning of the period to about 13.98 million ETH by May 3.
The purchase comes as Ethereum traded at $2,333 at press time, up nearly 1% over the past 24 hours.
In particular, whale activity is often seen as a major indicator as investors buy aggressively during consolidation ahead of expected price appreciation.
Ethereum price change
Following aggressive buying, Finbold turned around It’s OpenAI ChatGPT for more information on how crypto currency can sell future shares.
Based on the number of whales, the technical structure of Ethereum, and the increasing popularity of crypto, ChatGPT predicts that ETH may move higher than lower in the next three months.
The probability-weighted opinion gives a 60% chance that Ethereum will touch $2,700 to $3,000. At this time, there is a 25% chance that the cryptocurrency remains between $2,200 and $2,500, while the chance of a deep decline below $2,000 is 15%.
The growth of ChatGPT is mainly driven by the size and speed of the whale population. The model stated that the purchase of 140,000 ETH within four days represents the aggressive buying behavior that was consistent with the periods before the strong move.
From a technical point of view, the $2,550 level appears to be the most important level for Ethereum. A definite move above this resistance could trigger fresh buying and send ETH to the $2,800 area soon.
Based on the current setup, ChatGPT Ethereum services can reach about $2,650 by the end of May 2026. In the most powerful scenario, the cryptocurrency can rise to $3,200 by 2026 if the market conditions continue. However, in case of major weakness of the crypto, the bottom support is seen around the level of $1,900.
