$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.

By Ananda Banerjee Fri, May 22, 2026 at 10:00 AM GMT+3 3 min read · Yahoo Finance ·

$725 Million in Ethereum (ETH) Moved from Whale Wallets, Raising Bearish Concerns

Tickers: $ETH

Topics: crypto analysis Ethereum price movement whale activity

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