The world’s second-largest cryptocurrency Ethereum (ETH) has registered a strong bounceback gaining nearly 15% over the last ten days from the lows of $3,000. As of press time, the Ethereum price is trading 1.1% up at a crucial juncture of $3,510 with a market cap of 4421 billion. In recent insights shared by crypto analyst Ali Martinez, amidst the observed correction in Ethereum’s price over the preceding weeks, there’s a noteworthy surge in whale transactions involving ETH. This trend is viewed as a bullish indicator, hinting at potential upward movements in Ethereum’s price in the foreseeable future.