According to 10x Research analysis, ETH has fallen below the 7-day and 30-day moving averages, and the technical form is bearish, falling by 6.6% in the past week. At the same time, ETH ETF has a net outflow of more than 1.40 billion US dollars, and long-term holders of 3-10 years on the chain are selling at the fastest rate since 2021, forming additional supply pressure.
Despite the intensification of selling pressure, large-value addresses have attracted funds in the opposite direction during the decline, and a number of giant whales have accumulated more than one billion dollars in ETH.
Analysis: During the decline of ETH, multiple giant whales have accumulated more than one billion dollars in ETH.
2025-11-16 00:41:49
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