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Ethereum Price Holds Near $2,376 as Whale Liquidation Risk Grows

Picture: Blockonomi

TLDR: Santiment reported that 169,770 ETH left exchanges in one day, the largest daily outflow in more than four months and a possible supply-side support signal. A similar June 5 outflow episode preceded roughly 223,800 ETH in net withdrawals and an ETH price bottom, though that historical sequence does not ensure another rebound. Two early Ethereum holders reportedly sold 4,000 ETH combined, including a nine-year investor who bought at $18.83 and an ICO participant who paid about $0.31.

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