- Ethereum launches a trillion dollar security initiative as whales accumulate ETH at historical levels.
- ETH -price momentum cools near $ 2,500; $ 3K remains possible if bullish trend gets the power back.
The Ethereum Foundation makes its braviest move.
With the rollout of his Initiative “Billion Dollar Security” -A radical effort to strengthen the resilience and scalability of the network for the use of institutional quality-large investors.
Data on the chain shows whales that Ethereum collect [ETH] At record levels, in the midst of other voices of trust that mean a growing belief in the future of Ethereum.
Ethereum Foundation launches Billion Dollar Security Initiative
To improve the safety of Ethereum for institutional and large -scale global use, the Ethereum Foundation has launched the “Trillion Dollar Security” project.
This initiative is intended to identify vulnerabilities throughout the Ethereum stack, with regard to risks such as blind signing and threats at consensus level.
The project will systematically prioritize fixes to strengthen the resilience of the network and to protect its future.
Source: X
This is a technical upgrade to help Ethereum position as the standard infrastructure for internet and global financing. Supported by key figures from Seal, Sigma Prime and Etherealize, this can help by completely replacing Legacy systems.
Whales are back and they bet big
Have been nearly a million ETH drawn From centralized exchanges in the past month, which marks one of the largest battery waves in the history of Ethereum.
Source: X
Onchain data indicate buy aggressively From whale-large holders with long-term beliefs together with the launch of the Billion Dollar Security Initiative.
Source: X
The timing is not lost at Marktwijkers. Institutional players seem to consider the renewed Focus of Ethereum on the security of infrastructure quality as a turning point.
While ETH flows into cold storage, there is faith in the role of Ethereum as the basis for global finances.
Eth -eyes $ 3K, but the momentum slows down
The recent rally from Ethereum to $ 2,647 has cooled. Prices fluctuate at around $ 2,531 at the time of the press – a 3% dip in the last 24 hours. The RSI remained raised at 71, so ETH is still in overbough territory.
Source: TradingView
In the meantime, the MacD Bullish Momentum showed, although the narrowing histogram refers to a weakening trend.
Whale accumulation and ecosystem optimism can bring Ethereum to $ 3,000, but signs of exhaustion are on the rise in the short term. A decisive break above $ 2,650, supported by a strong volume, would free the path to $ 3K.
However, if ETH does not contain $ 2,500, a deeper withdrawal to $ 2,300 can follow.