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Cardano Attempts $1 Breakout, Whale Interest in Ethereum and Unilabs Skyrockets

Cardano Attempts $1 Breakout, Whale Interest in Ethereum and Unilabs Skyrockets WikiBit 2025-06-07 16:27

Even with the Ethereum price failing to break above $3,000, whales are still active in the market. In a bold move, BlackRock reportedly purchased 29,580

Even with the Ethereum price failing to break above $3,000, whales are still active in the market. In a bold move, BlackRock reportedly purchased 29,580 ETH, signaling renewed confidence in the coins long-term growth.

Similarly, Unilabs Finance, the new AI-powered project, has also attracted the attention of whales, who have shown huge interest in its crypto ICO. Meanwhile, Lucky predicts the Cardano price might soar to $1.6 in the coming months.

BlackRock Buys 29,580 Ethereum (ETH) Tokens

While the Ethereum price is down on the chart, there has been a huge increase in whale accumulation. BlackRock, the leading asset manager, has just bought 29,580 ETH for $77.1 million, as recently reported by Whale Insider in an X post.

In another tweet, Ted Pillows stated that another whale bought $283 million worth of Ethereum through OTC. These whale accumulations show high investor interest, which could spark an ETH price rebound.

Ash Crypto explained to his followers that the Ethereum price is forming a classic Wyckoff accumulation pattern. This pattern shows that buying pressure is rising. According to his analysis, the first major level the Ethereum price needs to reclaim is $3,100.

Once that level is secured, a minor correction is expected before the Ethereum price pushes toward $4,000. Ash believes that the Ethereum price can hit $10,000 in this particular cycle.

At present, the price of Ethereum has been caught between the $2,500 and $2,660 range. According to CoinMarketCap, the price of Ethereum has dropped 4.3% on the 1W timeframe.

Cardano (ADA) Eyes $1 As Key Support Holds

Cardanos price has consistently held up at $0.66-$0.68 during the past few weeks. Confirming this support level shows that upward momentum is rising.

If the support stays, the Cardano price could be seen above $0.70. With enough bullish momentum, the Cardano price might soar past the $1.00 mark for the first time in three months.

The last time the ADA price traded at this level was on March 4. Besides, technical indicators indicate that bulls are gaining strength in the market. The Stoch RSI (14) flashes a buy sign, signaling the RSI might have hit rock bottom and is ready for an uptrend.

Lucky believes that the price of Cardano may go as high as $1.6. He told his followers that Cardano is among the top crypto coins primed for a huge move. At the moment, CoinMarketCap info indicates the Cardano price is under bearish control. The Cardano price has dipped by 9.5% in the weekly chart.

Why Crypto Whales Are Accumulating Unilabs Finance New ICO

In a market where large holders shape trends, whale activity often signals the next big breakout. Recent on-chain data reveals increasing whale interest around Unilabs Finance, a growing DeFi project designed to merge AI-powered asset management with token utility and platform revenue access.

Unilabs is a gateway to AI-managed investment funds that identify rare, high-performing crypto projects. Whales are drawn to the platforms smart capital allocation, which allows them to benefit from diversified, early-stage opportunities without manual oversight. The AI-based engine continuously rebalances portfolios, increasing long-term yield potential.

Beyond investment funds, UNIL offers real utility. Token holders gain access to DAO voting, staking rewards, and a share in the platform‘s revenue through a 12-tiered rewards system. This level of financial alignment is rare in today’s DeFi market.

UNIL is currently trading at $0.0062 and has surged 22% in value with over $2.3 million raised. Analysts forecast it could reach $0.05 in 2025, driven by utility and growing demand. For investors seeking long-term, passive income, Unilabs Finance is one of the top DeFi projects to consider.

Why Unilabs Finance is a Top Crypto To Invest In

As BlackRock accumulates Ethereum, smart investors are diversifying into promising projects like Unilabs. With its transparent investment structure, AI-powered fund management, and exclusive community perks, Unilabs Finance offers early supporters gains and access to promising investment opportunities. With the Ethereum price currently consolidating in a narrow range, Unilabs could be the best cryptocurrency to buy today for future gains.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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