Ethereum Price Prediction for June 1 as Whales Move $118 Million ETH
ETH Whale Transactions
Significant transfers to exchanges have sometimes preceded major price actions.
Large transfers could hint at anticipation of heightened trading activity.
- 9,019 ETH ($33,776,166)
- 22,429 ETH ($83,993,750)
- 26,925 ETH ($100,832,790)
Ethereum Price Prediction
By June 1, CoinCodex projects Ethereum to trade at $3,813, setting the stage for new highs post-ETF approval.
If Ethereum consolidates above $3,827 and surpasses $4,095, a new record high is likely.
Ethereum Price Analysis
On the weekly chart, Ethereum has rallied over 20% to $3,741.
The ETF approval should attract institutional investors to sustain ETH above $3,500.
Disclaimer: Investing is speculative, and capital is at risk.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.