Ethereum whales buy $322M ETH as US stablecoin law nears Senate vote, price steady near $2,300

Major Ethereum holders purchased over 140,000 ETH worth $322 million within four days, while the price remained stable around $2,300. Meanwhile, the US Senate is advancing the CLARITY Act, a key stablecoin regulatory bill, with a markup session scheduled for May 11 after a compromise on yield provisions. Ethereum's price faces resistance at $2,400, with potential to rise to $2,600 or $2,800 if broken, while $2,200 is a critical support level. Whale accumulation and legislative progress suggest growing market interest and potential price movement ahead.