Key Takeaways
- Ethereum is back above $4,000 after breaking out of a consolidation pattern.
- The bullish impulse coincides with an increase in the number of large Ether transactions.
- The network activity suggests that whales may be positioning themselves for higher highs.
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Ethereum is making headlines again, after surging by more than 18% within the past four days to test the psychological $4,000 level.
Ethereum Breaks $4,000
The second-largest cryptocurrency…
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