Ethereum (Ethereum) Increased interest of Pisces is recorded, with great volume Investors Accumulating assets as they attempt to break through long-term resistance.
On-chain data indicates that Ethereum whales purchased more than 140,000 Ethereum worth approximately $322 million in just 96 hours, according to saint Visions subscriber by Cryptocurrency Analyst Ali Martinez on May 3.
According to the data, Ethereum balances held by whales have risen steadily in recent days, with Ethereum holdings rising from approximately 13.83 million coins at the beginning of the period to approximately 13.98 million ETH by May 3.
The buying spree comes as Ethereum was trading at $2,333 at press time, up about 1% over the past 24 hours.
It is worth noting that whale accumulation is often viewed as a leading indicator because institutional investors usually buy aggressively during the consolidation phases before an expected price rise.
Ethereum price prediction
After extensive buying, Feinbold switched to… OpenAI ChatGPT For insights on how Cryptocurrency Trading may take place in the coming sessions.
Based on whale accumulation, Ethereum’s current technical structure, and broader cryptocurrency momentum, ChatGPT predicts that ETH is more likely to move higher than lower over the next 2-3 months.
The probability-weighted forecast assigns a 60% chance of Ethereum rising to the $2,700 to $3,000 range. Meanwhile, there is a 25% chance that the cryptocurrency will remain trapped between $2,200 and $2,500, while the chance of a deeper decline to below $2,000 is 15%.
ChatGPT’s bullish stance is largely driven by the volume and speed of whale accumulation. The model indicated that purchasing 140,000 ETH within four days represented unusually aggressive buying behavior which is historically consistent with periods preceding stronger upward moves.
From a technical perspective, the $2,550 level appears as the most important breakout zone for Ethereum. A decisive move above that resistance could spark renewed buying momentum and possibly send ETH towards the $2,800 region in the near term.
Based on the current setup, ChatGPT expects Ethereum price to reach around $2,650 by the end of May 2026. In a stronger bullish scenario, the cryptocurrency could rise toward $3,200 by mid-2026 if market conditions continue to improve. However, in case the cryptocurrency weakens more broadly, downside support emerges around the $1,900 level.
