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$ETH WHALES GOBBLE UP 87K ETH AS EXCHANGE SUPPLY PLUMMETS TO 2016 LOWS 🔥
Four whale entities have withdrawn a combined 87,083 ETH (~$153.8M) from top-tier exchanges over recent days, while the Exchange Supply Ratio dropped to 0.129 — the lowest since 2016. Meanwhile, price remains stuck near $1,700 with the SMI momentum indicator showing a death cross at 37.
This massive accumulation battle directly with bearish technicals. The key support hard floor sits at $1,681, while breaking $1,847 is needed for trend reversal. Are you buying this whale dip near $1,700 or waiting for a retest of $1,681?
Not financial advice. Always manage your risk.
#ETH #Ethereum #WhaleAccumulation #ExchangeSupply #CryptoAnalysis
🔥
Four whale entities have withdrawn a combined 87,083 ETH (~$153.8M) from top-tier exchanges over recent days, while the Exchange Supply Ratio dropped to 0.129 — the lowest since 2016. Meanwhile, price remains stuck near $1,700 with the SMI momentum indicator showing a death cross at 37.
This massive accumulation battle directly with bearish technicals. The key support hard floor sits at $1,681, while breaking $1,847 is needed for trend reversal. Are you buying this whale dip near $1,700 or waiting for a retest of $1,681?
Not financial advice. Always manage your risk.
#ETH #Ethereum #WhaleAccumulation #ExchangeSupply #CryptoAnalysis
🔥
$ETH WHALES JUST BOUGHT 87K ETH NEAR THE BOTTOM 🔥
Four large holders accumulated 87,083 ETH worth $153.8 million while Ethereum traded near $1,700. On-chain data shows big money stepping in as price struggles to reclaim $1,800.
Exchange supply ratio dropped to 0.129 — a level not seen since 2016, meaning significantly less ETH is available for immediate sale. Yet momentum remains weak with the Stochastic Momentum Index bearish and sitting at 37.
Is this whale buying enough to reverse the trend or will ETH retest $1,681 first?
Not financial advice. Always manage your risk.
#ETH #WhaleAccumulation #Ethereum #ExchangeSupply #Altcoins
🔥
Four large holders accumulated 87,083 ETH worth $153.8 million while Ethereum traded near $1,700. On-chain data shows big money stepping in as price struggles to reclaim $1,800.
Exchange supply ratio dropped to 0.129 — a level not seen since 2016, meaning significantly less ETH is available for immediate sale. Yet momentum remains weak with the Stochastic Momentum Index bearish and sitting at 37.
Is this whale buying enough to reverse the trend or will ETH retest $1,681 first?
Not financial advice. Always manage your risk.
#ETH #WhaleAccumulation #Ethereum #ExchangeSupply #Altcoins
🔥
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