š¢ $ETH Alert ā Iām Watching Whales Play a Big Game on Ethereum
Iāve been tracking the latest whale activity, and honestly, what Iām seeing on Ethereum right now feels like a big show unfolding. In just the past few hours, more than $460M worth of $ETH has moved across the blockchain ā including a huge 46,142 ETH transfer to Ceefu, and back-to-back 32,480 ETH moves involving Binance and unknown wallets. When that much ETH is shifting hands, itās never just coincidence.
At the same time, the ETH/USDT 1D candlestick chart tells its own story. After running up to nearly $4,788, Ethereum has cooled off but is still holding steady around the $4,200 level. Yes, itās dipped a bit over the last week, but zooming out, the bigger picture remains very bullish with strong growth over the past three months. The timing of these whale moves right around this consolidation zone makes me think theyāre preparing for something bigger.
For me, the $4,200 area is the line in the sand. If whales keep piling in here, it could be the foundation for another breakout. But if theyāre shifting positions to unload, then we might see a sharper pullback before the next leg up. Either way, Ethereum is clearly the focus of some serious whale attention right now, and I canāt ignore it.
Iām personally keeping a close watch on how this plays out ā because when whales make a move, the rest of the market usually follows.