Ethereum Price Eyes $8,500 as Whale Accumulation Fuels Bullish Breakout

24-Aug-2026 TronWeekly
Ethereum priceEthereum is extending its recovery as whale accumulation strengthens the bullish outlook and ETH approaches the critical $4,811 resistance level. Analysts suggest a confirmed breakout could open the path toward $8,500, while more than 54,700 ETH worth about $121 million has recently moved off Binance.
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