$ETH intraday pulled back slightly by 2.2%, with a recent oscillation range of $2,365-$2,535, and the 4-hour cycle under pressure from the 50-day moving average, showing clear divergence between bulls and bears.
In the past 24 hours, spot and futures trading volume exceeded the equivalent of 47,000 ETH in funds. Whales have shown divergence: institutional player Abraxas Capital bought 16,500 ETH while holding nearly $300 million in ETH short positions; meanwhile, another large wallet transferred 167,000 ETH to exchanges, creating a potential short-term selling pressure risk.
In the past 24 hours, spot and futures trading volume exceeded the equivalent of 47,000 ETH in funds. Whales have shown divergence: institutional player Abraxas Capital bought 16,500 ETH while holding nearly $300 million in ETH short positions; meanwhile, another large wallet transferred 167,000 ETH to exchanges, creating a potential short-term selling pressure risk.
