Ethereum holds above $2,700 as ETH ETFs draw $270M and whales keep buying
- —Spot ETH ETFs drew $270M in a day and $413.8M over two days
- —OTC whale 0x8c58 bought 4,500 ETH, lifting its balance to 37,000 ETH
- —BitMine may add 12,500 ETH to its 5.98 million ETH holdings
- —ETH was rejected at $2,786 resistance; 24-hour liquidations hit $52.6M
Why it matters: Sustained ETF inflows and whale accumulation support the bullish case, though an RSI near 71 points to overbought conditions.
Source: FXStreet Crypto