Moments after Ethereum smashed through the $4,000 mark, a bold whale went all in- yanking 1,999 ETH off Binance, worth a hefty $7.84 million. In just the past 24 hours, their total withdrawals hit 3,356 ETH at an average of $3,925. This looks like a classic case of quiet dip-buying turning into a massive bet on ETH's next big leg up
The timing? Spot on. On Polymarket, odds for ETH hitting $4,200 this month have jumped to 68%. The market's starting to feel it-the bull engine is revving.
Meanwhile, Bitcoin slipped below $116K, but ETH ETFs still saw net inflows of over 2,000 ETH. That fresh wave of liquidity could be the rocket fuel ETH needs to test higher levels.
Outlook: In the short term, $4,100 is the key resistance to watch. A clean breakout here could trigger over $800M in short liquidations-the kind of short squeeze that can send markets into overdrive.
