Ethereum Sharks and Whales Are Back: What Does it Mean for ETH’s Price?

After dumping over 1.3 million tokens in the span of 11 days, big Ethereum wallets —known as sharks and whales —have returned and started reaccumulating at an impressive pace.

At the same time, Tom Lee, who has been behind Bitmine’s sizeable ETH purchases over the past several months, remains highly bullish on the asset, indicating that leverage has been wiped out and it’s clear for takeoff.