It looks like many whales are accumulating $ETH.

Whale 0x4cee woke up after 3 months of inactivity and spent 20M $USDC to buy 10,501 $ETH at $1,905.

A newly created wallet (0xf23c) withdrew 12,800 $ETH($24.47M) from #Binance over the past 24 hours and staked all of it.

https://arkm.com/explorer/address/0xf23c9B89700CD03fB602f3D076086F9b9d19A2Ca

https://arkm.com/explorer/address/0x4cee611502f378300981807d506629DA35cee4a7

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