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Will Ethereum Price Surge Past $3,800 as Whales and Big Investors Accumulate ETH?

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Ethereum rallied past $3,700 earlier on Aug. 5 as whale and institutional accumulation intensified. Can it recover back above $3,800 by the end of the week? Summary Ethereum remains 148% above its year-to-date low despite recent volatility.New whale wallets have scooped up over $3 billion in two days.Macro uncertainty and ETF outflows continue to cap upside momentum for ETH. According to data from crypto.news Ethereum (ETH), the leading altcoin by market cap, rose 5.