Ethereum [ETH] concluded a bearish second week of February, but the tide was changing at press time. The crypto market delivered a bullish performance over the last two days and ETH was not left behind.

Read Ethereum’s [ETH] Price Prediction 2023-24

While ETH bulls have reclaimed dominance, latest alerts have revealed the grip that they had over the market at the time of writing. As per Glassnode, the number of addresses holding a minimum of 10,000 ETH reached a four-week peak on 15 February. In other words, ETH whales have kicked their accumulation into high gear.

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