$ETH Rebound Continues – Key Moves Today
$ETH is trading around $2,550–$2,560, up ~2% in the last 24 hours after successfully defending the $2,500 support level.
On-chain activity:
- Ethereum Foundation-linked wallets transferred 4,393 ETH (~$11.13M) to Kraken
- A whale sold 410 BTC and rotated approximately $36M into ETH
The Foundation transfer looks like routine activity rather than heavy selling. The more interesting signal is the whale rotating from BTC into $ETH while price holds $2,500. Short-term resistance sits near $2,630. As long as support holds, this rebound still has room to extend. Watching ETF flows and volume for confirmation.
What’s your view on ETH from here?
#ETH #Ethereum #Crypto #BinanceSquare
$ETH is trading around $2,550–$2,560, up ~2% in the last 24 hours after successfully defending the $2,500 support level.
On-chain activity:
- Ethereum Foundation-linked wallets transferred 4,393 ETH (~$11.13M) to Kraken
- A whale sold 410 BTC and rotated approximately $36M into ETH
The Foundation transfer looks like routine activity rather than heavy selling. The more interesting signal is the whale rotating from BTC into $ETH while price holds $2,500. Short-term resistance sits near $2,630. As long as support holds, this rebound still has room to extend. Watching ETF flows and volume for confirmation.
What’s your view on ETH from here?
#ETH #Ethereum #Crypto #BinanceSquare