$ADA ETH whale accumulation signals are clear; short-term focus on breaking the $2700 resistance and changes in ETF fund flow

BlockBeats news, on June 14, a certain whale/institution purchased over 70,000 units of Ethereum (ETH) with an average price of $2,647 using 186 million USDC within 3 days, and still holds 150 million USDC. Additionally, an address suspected to be associated with ConsenSys increased its holding by 5,463 units of Ethereum (ETH) over-the-counter, indicating an enhancement in bullish momentum. The group of addresses holding between 1,000 to 100,000 units of Ethereum (ETH) has net added 1.49 million units in the past 30 days, accounting for 26.98% of the supply. Although the spot ETF saw a net outflow of 2.1 million dollars yesterday, ending a streak of 13 days of inflows, attention is still needed on institutional observations and rebalancing. Bitunix analyst suggests: the trend of whale accumulation is clear, with increased concentration of chips; support is around $2,500, and after stabilization, it is expected to challenge $2,740–$2,800. If ETF funds flow back, it may push Ethereum (ETH) above $2,800. Investors are advised to wait for a retest and stabilization before positioning, and closely track whale movements and ETF fund flows.