Markets· ★★★· neutral·

Ethereum Holds Near $2,376 as 169,770 ETH Leaves Exchanges and Whale Liquidation Risk Grows

  • —169,770 ETH left exchanges in one day, the largest outflow in four months
  • —A whale holds 93,184 ETH (~$214M) in longs facing liquidation risk
  • —Whale liquidation levels sit at $2,256.45 and $2,226.53
  • —Early holders sold 4,000 ETH, one bought at $18.83 nine years ago
Why it matters: Shrinking exchange supply could support ETH, but derivatives selling and profit-taking by early holders cap any rebound.
#ETH
Source: Blockonomi
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