Although $ETH also sees a nine-day streak of inflows, the roughly $900M liquidation pressure buried around the $2,386 and $2,613 levels can’t be ignored. A JinJian also noted that a whale who previously profited $61.72M has recently rebuilt a long position of about 16K ETH via a new wallet—nominal value around $40M. When both slow money from the ETF and fast money from whales show up at the same time, the trend tends to be stronger, and the run can be longer. If you already hold ETH, there’s no need to add leverage just because the whale has reopened its long—just watch whether price action inside the $2,386–$2,613 range is driven by spot trading or by liquidation pressure.