$ETH Ve 140,000 Token Exits and Whale Movements as Price Drops 2.55% Amid Volatility

Ethereum (ETH) is currently trading at $2,576.09 on Binance, reflecting a decrease of 2.55% in the last 24 hours from a 24h open of $2,643.61. The recent price drop is attributed to substantial exchange outflows: over 140,000 ETH withdrawn in the last day, the largest in over a month, along with significant whale activity, including a large holder who sold 30,000 ETH and then repurchased 16,500 ETH. Technical indicators show that ETH is in an oversold zone (RSI at 25.06), while market sentiment is mixed due to the consolidation around recent highs and a decrease in activity from large holders. Despite a recent spike to a 15-week high and ongoing institutional accumulation (notably by SharpLink and MetalphaPro), short-term volatility remains high, with intraday trading volumes between $34.28B and $41.74B and traders closely watching the key resistance at $2,900 and support at $2,680.