đš $545 MILLION WHALE DUMP? ETH SLIPS BELOW $2,000! đš
The Fear & Greed Index is screaming 11âExtreme Fear. Ethereum is walking on thin ice as major whales move massive amounts of $ETH to exchanges.
A single transaction of 261,024 ETH (~$545 Million) just hit Binance. Is this the precursor to a deeper breakdown?
Hereâs the high-stakes data from traios.io you need to see:
đ LIQUIDATION CRASH: Over $255 Million in ETH positions were wiped out in just 24 hours. Forced selling is currently the primary driver of price action.
đ INSTITUTIONAL OUTFLOWS: Ethereum funds saw a massive $85 Million exit last week. Demand is drying up as macro uncertainty keeps the "Smart Money" on the sidelines.
đ DANGER ZONE: We are currently at $1,963. If the $1,900 floor fails to hold, the path toward $1,500â$1,600 becomes a very real possibility.
Technical analysis from traios.io shows a "Strong Bearish" daily trend with an ADX of 55.7. Despite some short-term bullish patterns on the 1H chart, our TrendFollowingStrategy remains in a defensive "Wait" mode.
Don't catch a falling knife. Protect your capital and watch the $2,050 resistance closely.
Bullish reversal or a trip to $1,500? Whatâs your play? đ