Whales Are Buying the Ethereum Dip 🐋

Despite $ETH plunging 13% from $3,940 to ~$3,400, big players aren’t flinching in fact, they’re loading up.

Key Accumulation Highlights:

• One new whale scooped up $299M in #ETH in 3 days

• Galaxy Digital added $58.5M, even while in unrealized loss

• Over 1M ETH withdrawn from CEXs in 2 weeks = supply crunch brewing

• 220K ETH bought near $4,100 = aggressive positioning near resistance

What Traders Should Know:

• $3,431 acting as crucial support

• Buy volume dominating the tape

• Long-short ratio stable (41-43) = no panic in leverage markets

Whale accumulation + shrinking exchange supply = strong reversal potential brewing. Stay sharp.