Whales Are Buying ETH — But Selling Pressure Isn’t Gone

[madmax]

While much of the market is selling, Ethereum’s largest holders are doing the opposite.

Wallets holding 10,000+ ETH have increased their balances over the past quarter, absorbing sell pressure as prices revisit mid-2025 levels. In contrast, smaller and mid-sized investors continue to distribute into weakness.

That accumulation hasn’t flipped market structure yet. Binance exchange inflows just hit their highest level since 2022, and the ETH taker buy/sell ratio remains below 1 — a signal that sellers still dominate.

Whales may be positioning early, but for now, the data says ETH is still under pressure.

#ETH #Whales #CryptoAnalysis #MarketStructure

[cryptobro]

below realized price for every cohort… yikes. that’s not a healthy market, that’s capitulation city