$725 Million in Ethereum (ETH) Just Left Whale Wallets: The Timing Is Suspicious

ETH

ETH/USDT

$1,668.37

+1.84%

$1,668.37

+1.84%

(24s)

24h Volume

$12,002,928,676.77

24h H/L

$1,693.59 / $1,630.90

Change: $62.69 (3.84%)

Long/Short

70.4%

Long: 70.4%Short: 29.6%

Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,675.19

▲ 0.10%

Volume (24h): -

Resistance Levels

Resistance 3$1,986.99

Resistance 2$1,817.82

Resistance 1$1,710.96

Price$1,675.19

Support 1$1,672.84

Support 2$1,583.40

Support 3$1,505.68

Pivot (PP):$1,674.26

Trend:Downtrend

RSI (14):31.4

Ananda Banerjee

(07:00 AM UTC)

1 min read

Approved byEmily Watson

1012 views

0 comments

Ethereum (ETH) price trades at $2,132 on May 22, holding flat after a small rebound off recent lows. The action masks a deeper split between two on-chain cohorts pulling in opposite directions.

The price chart, whale supply data, and conviction holder behavior each tell different stories. Resolving the conflict points to one of two outcomes for Ethereum in the coming sessions.