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Whales move $33M ETH off exchanges as ETH reclaims $2,300
Ethereum reclaims $2,300 as whales move funds off exchanges
Ethereum is back above $2,300. Dip buyers return and momentum improves.
Whales reduce exchange supply. On-chain trackers flag large withdrawals into self-custody.
- Whale 0x7143 withdrew 10,000 ETH (~$23.28M) from Bitget into a private wallet per Arkham data.
- Moving coins off exchanges is typically tied to longer-term positioning rather than quick selling source.
ETH trades near $2,310. Price reclaimed short-term MAs after a February low near $1,600.
Key zone now is $2,300–$2,400. Above that, supply clusters sit near $2,700 and $3,100.
The 200-week MA remains overhead. Structure still reads as consolidation.
Failure to hold $2,300 risks a $2,000–$2,300 range.
