🐋 Are Ethereum Whales Becoming a Double-Edged Sword?

ETH is still struggling below $2,000, and while whales have been scooping up more ETH than ever — now holding 46% of the supply, their growing dominance could be a major risk for price stability.

🔹 Whale wallets (1K–100K ETH) now control $59B

🔹 Retail & mid-tier holders are shrinking

🔹 Centralization risk is rising — highest whale control since 2015

📉 Bearish EMA signals still dominate, and if ETH fails to hold $1,535 support, we could see a slide toward $1,400 or even lower.

While this heavy whale accumulation might look like strength… it also means volatility could hit hard if these giants decide to dump. 👀

$ETH
#ETH #altcoins #Ethereum #BinanceAlphaAlert