
Can whale demand prevent ETH’s drop to $1,930?
At press time, Ethereum [$ETH] traded at $2056, down 5.56% on the daily charts, adding to its weekly losses. Interestingly, amid this market pullback, whales and institutional investors took the opportunity to accumulate $ETH. Ethereum whales continue to buy the dip Although Ethereum has recorded relatively low performance through 2026, whale activity has remained elevated. Spot Average Order Size data showed large whale orders for two consecutive months. While some whales have sold during this time to reduce exposure, others have continued to accumulate. Onchain Lens reported that four wallets belonging to the same whale withdrew 32,880 $ETH, worth $70.03…








