š $158M ETH Withdrawn by WHALES: Bullish Signal for ETHEREUM?
š JuneāÆ11, 2025
šØ Huge whale movement today: top Ethereum entities pulled 57,649 $ETH (worth ~$158āÆmillion) off exchanges like Binance and Kraken within the last 24 hours.
š Why This Matters
ā¢ š¦ Supply Shrinks: Massive withdrawals mean less $ETH available for sellingācould increase price pressure.
ā¢ š Long-Term Holds: Whales moving funds to private wallets hint at long-term commitment rather than quick trades.
ā¢ š Reduced Sell-Side Risk: Exchange outflows often precede bullish moves as anticipate reduced selling.
ā¢ š Market Positioning: With $ETH around $2,720, these withdrawals suggest confidence near current levels.
š Market Insight
ā¢ Target Range: $2,650ā$2,800 is the current consolidation zone; a breakout above could trigger sharp upside.
ā¢ Watch These Metrics: On-chain flows, liquidity levels, and whale activity will be key signals.
ā¢ Strategic Advice: If youāre watching ETH, now might be the moment to consider positioning before supply tightens further.
š¬ Question for the Community:
Do you see this as a long-term accumulation or a sign of upcoming volatility?
š Let us know your thoughts and strategy in the comments!