According to Lookonchain, large Ethereum holders (whales) have aggressively accumulated ETH in the past two hours. Wallet address 0xDdb4 borrowed $3.44 million USDC from Aave and immediately purchased 1,856 ETH with it, while 0xf84d borrowed $1.64 million USDC and spent $2.34 million USDC to buy 1,259 ETH. Additionally, a newly created wallet (0x69D0) withdrew 2,250 ETH (worth $4.12 million) from an exchange. This concentrated buying activity from whales signals strong bullish sentiment and could contribute to increased short-term ETH price volatility, making it a key event for traders to monitor (Source: Lookonchain, Twitter, May 1, 2025).

According to Lookonchain, Ethereum has surged to $1,800 with significant whale activity observed. Address 0xD20E withdrew 5,531 ETH (valued at $9.8 million) from Binance, indicating strong bullish sentiment. Additionally, address 0x2088 invested 4.61 million USDC to purchase 2,568 ETH at an average price of $1,794, showcasing confidence in Ethereum's upward trajectory.