Whales and sharks increase 1.49m to 30 days, now holds 27% of the total ether supply
Ether (ether)
Exchanged for $ 2,508 on June 14, down 0.88% in the past 24 hours, but managed to gain support above the $ 2,500 level despite the transfer of institutional dynamics.
According to the crypto analytics platform Santiment. This group increased its combined handling by 3.72% and is now controlling 26.98% of the total ether supply.
Santiment noted that while smaller, retailer wallets take the income, these large holders continue to accumulate. Diversity in behavior highlights the growing long-term convincing of ether’s major stakeholders, even though the retailer appears to be skeptical following recent price declines.
At the same time, the US listed on the Ethereum ETF registered $ 2.2 million in net outflows on Friday, marked the end of a 19-day flow of flow. The upside down, as confirmed by Data from Farside Investorsis the first sign of slowing down institutional demand by ETFs since late May.
However, Ether’s wider structure remains intact. Following a pullback from recently highs near $ 2,870, ETH continues to hold above a historical significant zone support near $ 2,500. Continued accumulation of whales and shark wallets can provide an important floor for the price, especially if macro conditions stabilize and improve regulatory clarity.
Technical assessments
- Ether exchanged between $ 2,499.39 and $ 2,580.53 over the past 24 hours.
- The price sank near $ 2,580 in the first hours before entering a steady decline.
- The token briefly sank to the bottom $ 2,500 before bouncing to close near $ 2,518.76.
- Late-session volume moved forward, especially around 17: 30-18: 00 GMT, in conjunction with rebound.
- The support appears to make up around $ 2,500, a major psychological and technical level.
- Despite moderate losses, ETH maintains a narrow range of $ 81.14 (3.14%), showing a relative -child stability
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