๐Ÿ‹ Whale Alert: 5,599 ETH Withdrawn from Galaxy Digital

A newly created wallet just withdrew 5,599 ETH (โ‰ˆ $20.08M) from Galaxy Digital, bringing its 2-day accumulation total to 11,000 ETH. ๐Ÿ”ฅ

๐Ÿ” This pattern feels very familiar. Just this week:

โ€ข Whales scooped up 391,000 ETH via FalconX and Kraken
โ€ข SharpLink Gaming increased its holdings to 358,000 ETH

๐Ÿ“ˆ These are likely institutional players positioning for spot ETH ETFs and staking returns โ€” a strong bullish signal, but itโ€™s also inflating the price bubble.

โš ๏ธ ETH has broken above $3,600, but beware:

โ€ข A support retest is likely
โ€ข The long liquidation zone sits between $3,200โ€“$3,100

๐Ÿ“œ The GENIUS Act adds a favorable regulatory backdrop, and momentum could carry ETH higherโ€ฆ

๐Ÿ’ก Recommendation: Go in with light positions and watch for volatility โ€” donโ€™t overextend in this zone. ๐Ÿง ๐Ÿง˜