Whales 🐋🐋 of Ethereum in Activity After Price Correction.
• ETH corrected from $3,940 to $3,431 (July 23 - August 2, 2025)
• Whales accumulated 640K-790K ETH ($2.4-2.9B) during the drop
• A new wallet acquired 79K ETH ($299M) in just three days
Key Factors Driving Activity:
• Institutional Dynamics: ETF outflows ($152M), but BlackRock recorded zero outflows
• Technical Indicators: Negative MACD with bearish signals (72.73% accuracy)
• Regional Divergence: Bearish European traders (-95.06%) versus Asian markets showing optimism
• Whales expand short positions while simultaneously accumulating