Crypto investors with significant financial resources are accumulating Ethereum (ETH), indicating a potential market rally, according to market intelligence firm Santiment. The firm notes that the activity level of ETH whales has surged to a six-week high, a positive sign for the second-largest cryptocurrency. Santiment’s chart reveals that on October 24th, the highest number of new ETH wallets were created since September 5th. The firm also highlights increased fear, doubt, and uncertainty (FUD) in the market, as well as heightened attention toward memecoins, suggesting that a bounce may occur in the next few days. Ethereum is currently trading at $2,498, reflecting a 1.9% increase in the last 24 hours. Please note that this article is not investment advice and investors should conduct their own research before making any high-risk investments in cryptocurrencies or digital assets.