Ethereum Whale Reappears, Will It Boost ETH Price or Plunge?
A massive Ethereum whale transferred 95,920 ETH ($237M) to exchanges, signaling potential downside toward $1,600. Yet, countering accumulation by another whale and technical resilience above the 200-day EMA indicate a possible rebound. ETH is at a technical and psychological crossroads with breakout potential toward $2,735 or $4,000, depending on exchange flows, whale behavior, and macro triggers. Traders must watch the EMA squeeze and inflow data for confirmation.
2025-07-02Read