🚨ETHEREUM #SPIKES IN ACTIVITY, BUT INSTITUTIONAL SELLING PERSISTS

🔹Active Addresses Up 10%: Jumped from 306K to 336K in 2 days, signaling network growth.

🔹Price Action:$ETH climbed to $1,830 before a minor pullback.

🔹Resistance: $1,895 is a heavy sell zone—1.64M ETH held at this level from Nov 2024 rally.

Institutional Moves:

🔹Galaxy Digital sold 65,600 ETH ($105.5M), dropping holdings to 68K.

🔹Paradigm moved 5,500 ETH to Anchorage Digital.

Fund Flows:

🔹$26.7M outflows last week.

🔹$772M outflows in 2 months.

🔹$215M net inflows YTD remain positive.

Outlook: Strong on-chain activity, but profit-taking by institutions adds headwind