Ethereum Exodus: 60 Major Whales Holding Over 10k ETH Unload Holdings, Signaling Shifting Market Sentiment

On-chain analytics reveal roughly 60 major Ethereum addresses holding over 10,000 ETH each have liquidated their positions within two months. This concentrated, rapid exodus suggests institutional profit-taking and portfolio rebalancing, pointing to diminished confidence in ETH's medium-term outlook and aligning with significant recent exchange inflows. The $2000 support level warrants close watch.

Read More