$ETH
Today, there was a rather interesting funding signal.
A wallet associated with an early Ethereum holder has just transferred 133,298 ETH, worth about $356 million. This ETH has only been moved to a new address so far, with no evidence that it has been deposited on an exchange.
Even more noteworthy is another set of data:
Wallets holding at least 100,000 ETH collectively control about 17.41 million ETH, representing 22.03% of the total ETH supply—hitting a 9-week high.
That means:
One giant whale is moving chips,
but the overall share of holdings by the whale group is still rising.
ETH is now around $2,690, exactly stuck in the $2,700–$2,750 pressure zone.
Trading plan:
Entry: $2,650–$2,700
Take profit: $2,750 / $2,850 / $2,950 / $3,100 / $3,300
Stop loss: $2,590
Today, there was a rather interesting funding signal.
A wallet associated with an early Ethereum holder has just transferred 133,298 ETH, worth about $356 million. This ETH has only been moved to a new address so far, with no evidence that it has been deposited on an exchange.
Even more noteworthy is another set of data:
Wallets holding at least 100,000 ETH collectively control about 17.41 million ETH, representing 22.03% of the total ETH supply—hitting a 9-week high.
That means:
One giant whale is moving chips,
but the overall share of holdings by the whale group is still rising.
ETH is now around $2,690, exactly stuck in the $2,700–$2,750 pressure zone.
Trading plan:
Entry: $2,650–$2,700
Take profit: $2,750 / $2,850 / $2,950 / $3,100 / $3,300
Stop loss: $2,590