Ethereum – Analyzing how THIS zone could dictate ETH’s next move

Key Points

1. Ethereum has reclaimed the $3,000 level, supported by weekly net inflows into U.S. spot Ethereum ETFs reaching 225,857 ETH, the highest since their launch.

2. Whale activity has surged, with large holder netflows increasing by 163% over the past thirty days and 14.96% in the last week, indicating aggressive accumulation.

3. Whales have increased their share by 2.19% in the past month, while mid-tier investors reduced holdings by 8.17%, and retail holders saw a modest 1.4% rise.

4. Exchange reserves have declined by 3.21% in the last 24 hours, totaling $58.63 billion, reducing immediate sell pressure and supporting ETH's price climb.

5. Dense liquidation clusters above $3,100 could trigger volatility, with a potential cascade of short liquidations if ETH breaks through, or rejections if it fails to sustain momentum.