The latest on-chain data shows that the price of Ethereum (ETH) has approached the $2900 mark, prompting active participation from multiple large fund holders. According to observations by blockchain analysts, there have been several significant ETH purchase transactions recently, totaling approximately 44,653 ETH bought by three main accounts.

Among them, one address purchased 9,187.52 ETH at an average price of $2,721, with a total investment of $25 million. Another well-known address, pfm.eth, re-entered the market after two months of silence, buying 2,900.5 ETH at an average price of $2,766, totaling approximately $8.02 million.

What is even more striking is that a newly emerged address withdrew 32,565.59 ETH from the Kraken exchange within 9 hours, with a total value reaching up to 89.25 million dollars, calculated at an average price of 2,740 dollars.

These large-scale transactions reflect the market's optimistic sentiment towards Ethereum's short-term prospects. As the ETH price approaches the key level of 2900 USD, investors are closely monitoring the subsequent trends. Whether this wave of position building indicates that Ethereum is about to break through new highs remains to be further observed.

The current cryptocurrency market shows a positive trend, with Ethereum as the second largest cryptocurrency, its price movement is highly关注. The entry of large holders is often seen as an important indicator of market confidence, but investors still need to carefully assess risks and make informed decisions.