$1.3B ETH Whale Plans $120M Buy as Market Cheers Trump’s Bill to End US Govt Shutdown

Market Overview - The US government has reopened after a 42-day shutdown, positively impacting the crypto market [3] - The global crypto market cap increased by 0.4% to $3.5 trillion, with total trading volume rising by 12% to over $175 billion, indicating heightened trader interest [4] Ethereum Whale Activity - An anonymous Ethereum whale, known as "66kETHBorrow," has deposited $120 million in USDT to Binance, indicating potential accumulation of Ethereum [1] - This whale has accumulated a total of 385,718 ETH, valued at approximately $1.33 billion, and the recent deposit is seen as preparation to buy more Ethereum [2] Market Sentiment - Following the reopening of the US government, Binance experienced over $1 billion in stablecoin inflows, suggesting an upcoming buying spree in the crypto market [5] - Ethereum (ETH) has gained 2.9% in the past 24 hours, trading at $3,540, with a market cap nearing $430 billion [2]