On-chain data reveals that whale accounts are aggressively accumulating ETH, sparking speculation about a potential market rebound. Historically, large-scale buying by whales—entities holding significant cryptocurrency volumes—can signal confidence in an impending price surge. Their actions often influence market sentiment, as smaller investors may follow suit, driving demand and pushing prices higher. Current data shows a notable uptick in ETH inflows to whale wallets, coinciding with increased exchange outflows, suggesting reduced selling pressure. However, market dynamics remain complex. External factors like macroeconomic trends, regulatory news, or broader crypto sentiment could still sway outcomes. While whale activity leans bullish, it’s not a definitive predictor—caution is warranted. Investors should weigh this alongside technical indicators and market context before concluding a rebound is imminent.