Whale scoops 323,523 ETH amid price plunge – Is Ethereum price correction causing 10,000 waves?

Ethereum price is receiving renewed attention after analysts predict a strong rebound towards $10,000. Credible Crypto emphasized that the current decline is part of a healthy correction ahead of a stronger third wave rally. Meanwhile, recent on-chain data shows that the whale has accumulated $1.12 billion worth of ETH. This move strengthens long-term confidence in the asset. Despite near-term downward pressure, market sentiment remains cautiously optimistic as accumulation strengthens around key demand zones.