💥🐋 Ethereum big whales awaken! $2.2 million influx ⚠️ Is ETH about to surge to $2000? ⏫🚀

After rebounding to $1,800, Ethereum (ETH) has once again fallen into a consolidation quagmire, fluctuating between $1,727 and $1,877. But don’t be deceived by appearances—an accumulation of energy may soon be unleashed!

🐳 Holders are crazily scooping up, is ETH being quietly 'locked away'?

Despite the price stagnating, investors are not fleeing; instead, they are buying more as prices drop. From March 10 to May 3, the number of holding addresses surged by nearly 22.5%, increasing from 15.53 million ETH to 19.03 million ETH. Whales have taken the lead, with a major account withdrawing $2.2 million worth of 1,202 ETH from an exchange!

And this is not an isolated case. Data shows that large holders continue to withdraw ETH from exchanges, causing the inflow-outflow ratio to drop to -0.62%, hitting a recent low. This indicates that whales are 'locking up' ETH, reducing market circulation.

📉 Retail investors are also following suit in accumulating coins

Not just the big players, small investors are making the same choice: in the past 7 days, there were net outflows of ETH for 6 days, indicating a growing public confidence in ETH's future.

This trend has led to a noticeable effect: Ethereum's scarcity has surged, with the SFR indicator hitting an annual high of 374, meaning that tradable ETH is rapidly decreasing.

📈 Prices are still stagnant, but the signals are clear!

Although ETH has been stuck below $1,800, this ongoing 'coin-snatching' behavior is releasing a strong market signal: confidence remains, and an explosion may not be far off!

If the accumulation by whales and retail investors continues without significant selling pressure, ETH is likely to break through the consolidation range and challenge the $2,000 mark. However, if the market remains in a tug-of-war, it may continue to fluctuate.

💡 In summary: ETH currently resembles a spring being held down—once released, the rebound power could be astonishing!