Ethereum risks 25% price drop as ‘massive whale’ moves $237M in ETH to exchanges
Big Ethereum holders are shrinking their balances while mid-sized wallets grow, signaling possible whale selling and potential downward pressure on ETH price.
Key takeaways:
Ethereum risks a 25% drop toward $1,600 after failing to break above a multi-year technical resistance.
A whale moved over $237 million in ETH to exchanges, aligning with rising ETH inflows into Binance over five straight days.
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