$725 Million in Ethereum (ETH) Moved from Whale Wallets, Raising Bearish Concerns
On May 22, $725 million worth of Ethereum left whale wallets, coinciding with a bearish price pattern. This outflow aligns with the completion phase of an inverted cup and handle formation on ETH's chart, suggesting potential downside risk.
Tickers: $ETH
Topics: crypto analysis Ethereum price movement whale activity