eth down 14% to $2,188 but the flow data tells a different story
whale 0xd8d0 accumulated 132k ETH during this decline. another wallet pulled 26,255 ETH from binance in 3 hours. methodical TWAP selling at $1M-$1.6M hourly across exchanges.
staked ETH just hit ATH at 35M tokens removing 28.3% of supply. tether minted 2B USDT fresh liquidity.
@degentradingLSD called selling exhaustion. @Lord_Ashdrake noted the orderly decline pattern.
technical weakness with accumulation underneath. interesting setup.