Whales aren't flinching. 🐳💎
Despite the current market downtrend, $ETH whales are moving into a massive accumulation phase. On-chain data shows exchange withdrawals just hit their highest levels since October, signaling a major shift toward long-term storage.
📊 The Key Numbers:
$400M+ in total ETH recently pulled from exchanges.
220,000 ETH in net outflows, led by a massive 158k ETH exit from Binance on Feb 5 alone.
30% ATH: Ethereum staking has officially hit a new all-time high, with 36.8M ETH ($72B) now locked up.
🔍 Why it Matters:
When whales move assets to private wallets and lock them in staking, it drastically reduces immediate selling pressure. With almost 1 million validators now securing the network, the "supply shock" narrative is gaining serious steam while $ETH trades in the $1,800–$2,000 value zone.
Is this the ultimate "buy the dip" signal before the next leg up? 🚀
