Recently, a striking trend has emerged in the Ethereum ecosystem: the number of large holders, commonly referred to as "whale" addresses, has significantly increased. This phenomenon is seen as an important indicator of large investors' optimistic outlook on the future prospects of Ethereum.

The latest data shows that the number of wallet addresses holding at least 10,000 ETH has risen to the highest level in 16 months. This data suggests that institutional investors and high-net-worth individuals are actively increasing their holdings of Ethereum at lower prices in preparation for a potential bull market.

At the same time, Ethereum's market performance has also shown positive changes. After a period of sluggishness, the ETH price has rebounded from a previous low of around $1,600 to about $1,700. This price trend not only reflects a gradual improvement in market sentiment but also corresponds with the phenomenon of increasing whale address numbers.

Analysts point out that the increase in the number of whale addresses is often seen as one of the signals of a market bottom. These large investors tend to have strong market insights and financial strength, and their actions may indicate that they expect Ethereum to perform better in the future.

However, some experts remind investors to remain cautious. Although increased whale activity and price rebounds are positive signals, the high volatility of the cryptocurrency market still exists. Investors should consider multiple factors when making decisions, rather than relying solely on a single indicator.

As the Ethereum network continues to undergo technical upgrades and the ecosystem keeps expanding, its long-term development prospects are still worth looking forward to. Regardless, the increase in the number of giant addresses undoubtedly injects a shot of adrenaline into the market, adding new expectations for the future development of Ethereum.