Ethereum's price has struggled to maintain the critical $4,000 level, pulling back after recent highs, yet whale activity has surged, with wallets holding at least 100,000 ETH now accounting for a record 57.35% of the total supply. This accumulation is seen as a bullish signal for Ethereum's long-term prospects, especially as analysts predict potential price growth to $6,000 or even $7,238 in the coming months. With significant net outflows from exchanges and increasing staking activity, confidence in Ethereum's value continues to grow.