Ethereum Holds Near $2,760 as Whale Buying Accelerates and ETH Tests $2,786 Resistance
- —ETH trades near $2,760 after a 14% weekly gain
- —Spot ETH ETFs saw about $270 million in daily inflows, $413.8 million over two days
- —One whale swapped 200.71 BTC for 6,247 ETH; over six days 1,308 BTC went into 40,670 ETH
- —BitMine may have added another 12,500 ETH, with holdings near 5.98 million ETH
Why it matters: A weekly close above the 100-week SMA could open the way to $3,300-$3,400, while a rejection may trigger a retest near $2,550.
Source: CoinCentral