Retail Traders’ Skepticism Surrounds Ether’s Rally as Key Stakeholders Accumulate Holdings

Key Points

1. Ether is currently trading at $4,622, up 53% over the past 30 days and 7.95% in the last 24 hours, nearing its all-time high of $4,878.

2. Retail traders are skeptical about Ether's rally and are selling their holdings, which enables larger investors to accumulate more Ether.

3. Market dynamics show that retail disbelief in Ether's price rally may actually help sustain its upward momentum.

4. Historical data indicates that extreme greed has previously led to market corrections, but current trends suggest continued accumulation by larger investors.