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txd102023
txd102023
Ethereum: Whales keep buying despite $ETH falling below $2,000 Ethereum whale wallets holding 100,000+ ETH accumulated 17.41 million ETH, the highest level in 10 weeks, while ETH traded around $1,950. Large holders have been steadily buying throughout May, adding roughly $2 billion worth of ETH as prices declined. Whale-controlled supply now represents 22.03% of all ETH in circulation. The accumulation suggests major investors view current prices as an attractive entry zone, even as broader market sentiment remains weak. Key levels: Support: $1,800 Current range: $1,950–$2,000 Resistance: $2,100 Outlook: Whale buying is a bullish signal and could help establish a price floor. However, ETH remains under pressure from broader market weakness and needs to reclaim $2,100 to confirm a stronger recovery. If accumulation continues, the odds of a rebound improve significantly. 🚀

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