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Ethereum price recovers slightly as whales begin accumulation spree
Ethereum's recent price movement has shown that it's still significantly correlated with Bitcoin. Whales are accumulating Ethereum, with the aim to participate in the ETH restaking boom. The SEC's recent Wells notice to decentralized exchange Uniswap could affect Ethereum, considering it is home to a large portion of DeFi. Ethereum (ETH) showed signs of recovering its bullish momentum on Thursday, briefly rising to $3,618 as whales entered a buying spree. Despite the movement from whales, the US Securities and Exchange Commission (SEC) Wells notice to Uniswap could affect Ethereum in the long run. Daily digest market ... (full story)