The likelihood of Ethereum reaching $4,000 is enhanced by the wealthiest group of Ethereum investors. Recent data analysis from the blockchain platform Santiment reveals that the amount of Ethereum held by entities with balances ranging from 10 million to 100 million Ethereum has grown by roughly 0.5% since May 20, when rumors about the US Securities and Exchange Commission (SEC) started circulating. This indicates a reevaluation of the rejection of the Ethereum exchange-traded fund (ETF).
