ETH Price Recovers 23%
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•Ethereum Price Analysis: Whales Buy 500K ETH, $3,000 next?
70% Informative
ETH price recovers 23% from August 5 bottom, driven by Bitcoin 's price recovery.
Whales accumulate 500 K ETH since August 2 and currently hold 14.09 million Ether tokens.
Median Gas fees plummet to 5-year low, below 2 gwei, indicating reduced retail activity.
Spot Ether ETFs have seen a net outflow of $39.21 million on August 15 .
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