Ethereum Whale Moves $57.88M Amid Deepening Outflows: Can ETH Defend $2,400?
Key Highlights: Ethereum spot exchanges are on track to record their fourth consecutive week of net outflows, with recent weekly figures nearing -$1.5 billion. Derivatives positioning remains heavily bullish, featuring a Binance top-trader Long/Short Ratio of 2.31 and a positive OI-Weighted Funding Rate of 0.0037%. Technical indicators present downside risks as ETH tests the $2,400 ...