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⚡️ Ethereum's Exchange Activity
ETH rises 7% weekly as 361,000 ETH exits exchanges, largest outflow since May. Whale addresses holding 1,000+ ETH declined from 5,614 to 5,534 in October. Golden cross formation on EMAs suggests potential push toward $2,820.
💡 Quick Take: Watch key resistance levels at $2,820 and $3,400 for potential breakout. Strong support exists at $2,308 and $2,150 if momentum fades. Golden cross formation suggests bullish momentum, but declining whale addresses warrant caution. Monitor exchange flows for continued accumulation signals.
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