📉 Large $ETH

Whale Moves $73 Million

A major whale transferred roughly $73 million worth of Ethereum in a single transaction during a broader market decline—drawing attention just as prices are retesting support levels amid volatility .

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🟢 Technical “Golden Cross” Signals Bullish Turn

Analysts report that Ethereum’s daily chart has formed a bullish “golden cross” pattern—where the 50-day moving average crosses above the 200-day—often a sign of a potential upward trend .

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⚠️ Options Expiry May Drive Volatility

Nearly $565 million worth of $ETH options contracts are expiring today. Historically, such expiries can stir significant short-term price swings and shake investor sentiment .

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🏦 Institutional Inflows & Growing User Base

Spot $ETH ETFs have attracted over $1 billion in inflows so far, while Ethereum is seeing 800k–1 million new wallets added weekly—factors that suggest strong structural demand .

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🔍 Summary

Short-term volatility is likely today due to sizable options expiry.

Mixed signals: whale movements and increased sell pressure vs. bullish chart patterns and institutional demand.

Key price zone to watch: Between $2,400–$2,500—this is where support and resistance are currently converging.

#ETH