Ether whale activity on a major exchange has slowed, with 2 million ETH traded in large transactions over 45 days. ETH is on its worst losing streak since 2022, impacting investor expectations. Average ETH whale sell orders on Binance have decreased, signaling disengagement from larger participants and a temporary thinning of market depth.

ETH accumulation addresses added over 2.5 million ETH in February, signaling steady demand. Ether is in its longest bearish streak since 2022, facing sustained selling pressure. Historical data suggests a demand zone between $1,384 and $1,691 may come into focus. Futures market liquidation data shows significant short and long positions at key price levels.

Crypto trader RickUntZ sees potential for a rebound from current levels. The $2,000 liquidation band remains a key resistance. The Ethereum Foundation has started staking ETH as concerns over client diversity persist. This article does not provide investment advice or recommendations.

Read more at Cointelegraph: Ether Whale Orders Shrink as $2B Short Cluster Sits Near $2K