The recent withdrawal of 56,909 ETH worth $151.634 million by a whale from Binance suggests that big investors are increasingly withdrawing Ether from exchanges. This activity has fueled speculation about potential price increases and signals a buying opportunity. The whale in question allocated most of their ETH to Lido, Aave, Ether.Fi, and Spark, indicating a shift in market strategy as investors diversify their ETH investments. Despite facing resistance at the $2,750 level, Ethereum has been experiencing a recovery and appears to be embracing a bullish trend, with buyers gaining control. The asset's ability to surpass the $2,800 resistance level will confirm this positive momentum.
Content Editor ( blockchainreporter.net )
- 2025-02-12
Ethereum bullishness: Massive $185 Million Whale Withdrawals Fuel Price Uptrend
