This particular scenario has the potential to draw the attention of additional investors who may be uncertain, ultimately resulting in a surge of buying activity. It’s worth noting that it wasn’t solely large-scale investors who displayed interest in Ethereum, as there was also a noticeable rise in demand from individual investors. A comprehensive analysis conducted by Santiment, a crypto analytics company, revealed that addresses holding between 0.001 and 1 ETH began accumulating substantial quantities of the cryptocurrency.
