Ethereum Rally Faces Pressure After $970 Million in Whale Selling

Ethereum price has broken out of a two-month descending wedge, signaling renewed bullish momentum. ETH’s technical structure now points toward a potential rally after weeks of compression.   However, the upside narrative faces a challenge as large holders begin distributing into strength, raising concerns about whether whale activity could cap gains. Ethereum Whales Exhibit Skepticism Ethereum whales have turned into active sellers as the price pushed higher source: https://beincrypto.com/ethereum-whale-selling-affect-eth-price-rally/